Very little rise on Friday on the share price and I see why.
Less than a cent per share is still low for EPS. They will really need to have a good forecast on Diviend return as the market is currently foul on anyone who cannot provide a high return.
It wouldnt suprise me to see the share price drop after early next week to another low.
I could be wrong though I am sticking in the pessimistic camp on this one.
EL does get it wrong often though the half yearly is nothing to get excited about.
They really need to be putting out 20kbopd for the share price to rise as no indication of when they could be providing diviends.
do some maths, page-4
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