What am I missing??22 May 2019 22:08
Rumour say Zen is the next big thing but from reading the RNS all the way back 9 years, the company has never made a profit...and in the 2 years it decided to become an oiler (bit weird as it was into semiconductors before but hey ho) it has gone from 350 bopd to 116 bopd and trebled the shares from 111,000,000 to 312,000,000 in the process.
There's a reason its the biggest onshore field in Azerbaijan and that's because the oil is offshore in the Caspian Sea.
So what am I missing??