For my part I hope there is at least 10% of shares held that realise the $50 people throw around as being a price they would be 'happy with', is selling us way short.
Sure, I'm happy for the people for whom $50 means mega wealth and 'enough', that's fine, and good luck to you. For me, I didn't invest for 15 odd years, with all the opportunity cost and faith that entailed, to sell it for less than what it is worth, so some BP gets the lions share of the benefit (in a shorter time period). I want full value for what I hung on for. Not maximum value as that would likely take another 10-15 years, but full value for the amazing assets we have.
Ann: 2023 Annual Report to shareholders, page-169
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