Hi Spec It's possible as the lower the oil price goes the less...

Hi Spec
It's possible as the lower the oil price goes the less the market will price it into the stock. I think from memory around 200-210 is market value of gas assets ( producing and non producing 2 p reserves ) the other 25-40 m in EV the market ascribes to other stuff , which would largely make up AAL. I imagine with current gas prices the market cap wouldn't go much below 210 ( 40c odd) . They have flagged debt might increase slightly this quarter and the market may not like that, if there is a short term sell down I would be happy to renter at 40-41c
Solid stock with good valuation relative to market cap, but naturally it's best to buy with as much as a buffer as possible and 40-41c represents that buffer for me