This Windfall Tax is already starting to sink in and we are going back to a "new normal". That means investors see that this wasn't the end of the world for Enquest and we can start out journey to double digit again starting next week. We are at +120$ oil and we should already be in double digit share price. (in SEK)
Tomorrow will be a great R.I.P Ammu123 day for sure. Tax deal isn't that big of a deal, just look at Lundin Petroleum and it INSANE value with the high Norwegian taxes. Tomorrow we will fly ay ay ay ammu... ;-)
Will be a massive rebound on Monday. Oil at almost 120$ and the windfall tax will soon be forgotten. Just look at Lundin Petroleum and it's INSANE market cap even with the high Norwegian tax. Up up and away next week.