Risk v reward it has a lot of upside and can't see any more downside. With the deal in the bag and cash of $350M after paying off debts/receiveables, compares favourably with current market cap of $333M. The oil is a bonus, but they are still pumping and can't see SINOPEC waiting to take it slow with further development. I think their problem is no instutions buying, yet and people are cautious.
Risk v reward it has a lot of upside and can't see any more...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)