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BP p.l.c. Message Board

  • howcomethisdoesnotwork howcomethisdoesnotwork Jun 10, 2010 9:37 AM Flag

    Very undervalued.

    Probably will trade above $ 40 with the help of the UK government and containment of oil, and progress reports on the backup pipe being drilled.

    I am certain given the asset value of BP, it would be almost an impossibility that it trades below $ 15 value.

    The upside medium term is very likely, in other words its volatile now, but should move up in share price to the $ 40's in time.

    Without UK support the shares may sink to near $ 20 a share.

    Remember one thing, there is more to BP than just OIL.

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BP
28.35-0.62(-2.14%)Feb 9 4:01 PMEST