We know there is a share buy-back in progress, and that the company are
currently being thought more of then Shell, due to the latter's
'figures'and reserves problems. Looking back this share in theory
could have a long way to go, if this current rise continues. So any
views?? Particularly on whether BP really could again reach the
dizzy heights of 600p a share, or are those days gone?
I bought a June spread on these guys given the bad press from Shell - a short term rise up to 4.80 is on the cards - longer term it looks as though 5.80 would be a good target for anyone investing.
Thanks, that's how it looks, maybe we shall get some other views
from others on the board. I bought in not long ago at 417p, got the
last divi (handy!) and am quite happy so far with the rise in a short
time. Good luck with yours overgrowth!!