Ann: FY22 half year results, page-8

gsenevir: That JP Morgan valuation was obviously done before this current mess in the UKRAINE, which will most likely lead to dramatically HIGHER OIL and GAS prices in the months/years to come.
That fact alone should be enough reason not to 'give away' the company far 'too cheaply'.... JIMHO, of course.

wasa

PS: I have only a very, very small position in SXY - but still would like to see full value for that.