RE:RE:Almost halved in only one yearhikari wrote: You even cannot blame Mr Tucker for blatant mistakes. His deals are "just" average daily business" deals , no game changer deals. The promise that the currently low dividend will be three fold or about 0.15 nbsp; is not enough neither because the market thinks that the future oil price will be too low for such a high dividends?
I expected would be 1.85 within a couple months of buybacks halt and am glad I dumped it all.
Few understand the big picture. Once a development plan for Orange basin is announced SP will go crazy and / or someone like NOC or Super major will buy out AOI.
Sadly, have to wait a few years, during which time partners and potential buyers ccould be on to a far better shallow(er) water prospects in diferent parts of the world.
I will buy back at 1.20 - the SP I got in on to start, before Nigeria. Maybe too cheap given Nigeria profits at the moment maybe not with upcoming dilution.
Of course, one or several nukes on Adolfs offspring or perpetual multigeneration victims in ME, or assistance elsewhere to defeat his offspring bullying everyone around can change everything.