Wan,
Still believe it's a strong buy on fundamentals but surprised by mms confidence, ability to hold price at these levels. This makes me think that there could be a placing in the offing. What's your take on that?.
Comfortable holding as would like to add slightly cheaper as that's the usual with a placing. Having said that, it means they've bought assets somewhere and it was probably negotiated some time ago when oil price was lower.
In fact could be backdated again as AGIP deal was. (Purely speculative). A deal could easily add momentum to future share price rises. imho
bomfin