Picked some up in the final days of tax-loss selling, it's the cheapest North Sea company by far at 0.3x NAV.

Even with this managment, the inevitable financing whatever form it takes or an outright takeover would both result in significant upside. Long-term holders may be frustrated but we could easily see 100% gains from here. 

Since the year end sellers are officially gone I think we will begin to rise from the current end-of-world valuation.

Good luck and Merry Xmas to all.