Typical of HotCopper ... an important (but not saucy) announcement has been missed. If I am reading this correctly, for 100% LTI shares, the company would need to grow revenue at 22%+ CAGR to 2022. That is huge. It is certainly well above the BP report that had revenue growth for 2021 at 15 % and 2022 at 11%. Historically, the actual growth rate has been well above the LTI targets set.
I am surprised this is getting such little attention. I didnt know about it until I saw LTIs mentioned in an article.
Imo, people selling out at low 13s are being robbed (not that they dont bear any responsibility). I thought I was done buying before the AGM but I am even more confident buying more in low 13s post AGM than I was pre AGM. The result is excellent.
A2M Price at posting:
$13.27 Sentiment: Buy Disclosure: Held
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