Once this baby hits 300p+ it's going to fly!

Agree that this is well due a re-rating. I can't understand why the PE has been so low relative to the sector, especially as Dana are showing such solid production figures. Clearly they are carving up the cake with Woodside as it becomes clearer that the potential in Mauritania will be realised. Long term hold IMHO.

rgrds
gk

Gallick, agree. Just off loaded a few at 400p, but kept a considerable holding as long term they should prove to be quite profitable. I must admit it is quite tempting to cash in now though. Most of the buys going through tend to be smaller in volume. Hopefully we'll get some institutions interested which will push it even further. I feel 500p will soon be realised.