Massive potential upside to this stock. Having done some research into the company. A new CEO is being appointed next year who will help grow and diversify the company.
The company has an extremely healthy financial state. Lots of Assets and a good Return of Equity.
I Peg this at £5 a share plus within 3 years with a target based on discounted cash flows of £8 plus.
Trade active
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Further Update. This company will shortly acquire ELAND oil and gas. 166pence per share. The company is planning on expanding it's Gas operations in around the current area. It will use it's large Assets of Cash to further diversify it's investments.
The stock represents massive value for money based on it's fundamentals. I plan to buy and hold. Look around the Mergers and News of the new CEO.