"They SHOULD be looking to create competitive, international, tension for all the assets (sorry Black but selling Browse alone makes no commercial sense to me) in one bloc."
I am sure thy are Jt -but as profit eloquently stated their currency is under siege from someone and there has to be questions as to why that is the case?
If i may, selling the Browse lock stock and barrel and focusing on their biggest play makes a lot of sense to me...Oil gets to market a lot quicker we have assets far in excess of Browse value - Peru will give us another insight as to just how big very shortly.
As i hypothesized take 2 billion ad it to cash from JV's( no need to raise again - famous last words)
1 billion in cash will cover us for Brazil and Peru ...pay shareholders back 500 million and move to where cash, production and dividends are far greater and a lot closer.
As happydayz?? said regardless of Grace etc we are miles unders.. is it simply 'cyclical' or a more sinister rational?
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Last
$1.82 |
Change
0.005(0.28%) |
Mkt cap ! $1.454B |
Open | High | Low | Value | Volume |
$1.81 | $1.85 | $1.79 | $4.127M | 2.263M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 20216 | $1.82 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.82 | 86693 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 14737 | 1.815 |
3 | 62440 | 1.810 |
3 | 35421 | 1.805 |
4 | 11493 | 1.800 |
4 | 8178 | 1.795 |
Price($) | Vol. | No. |
---|---|---|
1.830 | 21397 | 2 |
1.835 | 62440 | 3 |
1.840 | 37503 | 5 |
1.845 | 5493 | 2 |
1.850 | 83493 | 5 |
Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
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