If the directors of GBP can resist selling more shares to pay for caviar and champagne, the GBP share price should reflect the underlying value of it's 13% FOGL stake as it rises on the back of $110 oil, and FOGL's unrisked targets of sixty billion barrels of oil over 100 prospects.
Currently GBP have 7.9 in cash, and FOGL shares worth approx 31.
With a GBP market cap of 26, the assets are 146% of market cap.