RE: Oh dear26 Oct 2021 06:49
I don’t know what will happen to the share price you can make your own mind up but I will make it really easy because paddy can’t understand numbers. A company is worth £500 million and borrows Half of its shareholders to pay its bills. What is the company now worth? Answer below £250 million, divide that but the number of shares and there will be more now then before. This could potentially not fact that Petrofac shares could be below 90p this is why I sold because the risk is there. Obviously nobody knows for sure but obvious predictions can be assumed. And that is why paddyboy is dangerous because he doesn’t understand basic finance. Gla long term holder. Paddy have a nice day.