Originally Posted by
fish
PS when the NZO sp is so well below value.
Well many others apart from myself, have asked over some period now what the share ought to be worth at present.
All very well to indulge in wishful thinking and some so called experts opinions.
The reality is it would be even lower if it was not for the B/B and given that profit is not that hot atm plus reserves slowly declining.
It may very well be about right where it is, as O/Price not likely to go anywhere [ major war, game changer??? ] maybe, heaven forbid.
Experts??? in those matters opining, given the no. of producers that have suspended production but which could come on song again,together with shale oil producers above 50 dollars.
Really would like to see a breakdown of what a realistic value S/Price should be.
Also what about AWEs performance last 4 months????