RE: Where next for the BP share price ahead of its Q3 earnings30 Oct 2021 15:51
Gary I say higher then 5 and nearer 10 is because pre pandemic the market cap was nearly double what it is now that is all the shares added up together. I believe the company is worth more now then it was then. So to get the market cap back to what it was then you would loads of more shares on the market but actually with the buy backs shares in the market are actually decreasing. So right now share price has the potential to double or more. And with the continued increase in dividends it’s actually quite likely.