Could be right on the baseline, particularly with what seems to be the "beginning of the end" of the virus.
I won't say that it can't hit $1 in 3 years, indeed it happened fairly quickly with Aurora off of their dip, as well as many other shares on the ASX. However a lot of things need to happen IMO to get there, so certainly an optimistic view.
My thoughts turn to "where can we be by Christmas?". 7.5c is realistic if we see a partial vaccine roll out to the most needy. It won't mean an increase in oil consumption at that point, but it will mean we are not far off.
The Quarterly due start of next year then becomes interesting.
ATS Price at posting:
5.2¢ Sentiment: Buy Disclosure: Held
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