Upcoming Dividend • Jan 01
Upcoming dividend of UK£0.03 per share Eligible shareholders must have bought the stock before 08 January 2026. Payment date: 06 February 2026. The company is not currently making a profit and is not cash flow positive. Trailing yield: 16%. Within top quartile of British dividend payers (5.6%). Higher than average of industry peers (4.6%). New Risk • Dec 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 13% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Market cap is less than US$10m (UK£5.07m market cap, or US$6.71m). Reported Earnings • Oct 05
First half 2025 earnings released: UK£0.094 loss per share (vs UK£0.18 profit in 1H 2024) First half 2025 results: UK£0.094 loss per share (down from UK£0.18 profit in 1H 2024). Revenue: UK£24.9m (up 5.8% from 1H 2024). Net loss: UK£1.00m (down 151% from profit in 1H 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Declared Dividend • Oct 02
First half dividend of UK£0.03 announced Dividend of UK£0.03 is the same as last year. Ex-date: 8th January 2026 Payment date: 6th February 2026 Dividend yield will be 7.2%, which is higher than the industry average of 6.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.8% per year over the past 10 years. However, payments have been volatile during that time. New Risk • Sep 30
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 7.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (UK£10.1m market cap, or US$13.6m). Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to UK£1.13, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 11x in the Oil and Gas industry in the United Kingdom. Total loss to shareholders of 49% over the past three years. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to UK£1.13, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 9x in the Oil and Gas industry in the United Kingdom. Total loss to shareholders of 46% over the past three years. Upcoming Dividend • Jun 26
Upcoming dividend of UK£0.04 per share Eligible shareholders must have bought the stock before 03 July 2025. Payment date: 25 July 2025. Payout ratio is a comfortable 67% but the company is not cash flow positive. Trailing yield: 7.2%. Within top quartile of British dividend payers (5.5%). Higher than average of industry peers (5.0%). Declared Dividend • May 01
Final dividend of UK£0.04 announced Dividend of UK£0.04 is the same as last year. Ex-date: 3rd July 2025 Payment date: 25th July 2025 Dividend yield will be 7.4%, which is higher than the industry average of 6.7%. Sustainability & Growth The dividend has increased by an average of 5.8% per year over the past 10 years. However, payments have been volatile during that time. Announcement • Apr 30
Bisichi PLC, Annual General Meeting, Jun 18, 2025 Bisichi PLC, Annual General Meeting, Jun 18, 2025. Location: 6 babmaes street, sw1y 6hd, london United Kingdom New Risk • Mar 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (UK£9.34m market cap, or US$12.1m). Upcoming Dividend • Jan 02
Upcoming dividend of UK£0.03 per share Eligible shareholders must have bought the stock before 09 January 2025. Payment date: 07 February 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 6.2%. Within top quartile of British dividend payers (5.8%). Higher than average of industry peers (5.4%). Announcement • Oct 07
Bisichi PLC Appoints Stephen Crabb as Non-Executive Director, Effective 1 November 2024 Bisichi PLC announced that the Rt Hon Stephen Crabb has been appointed to its Board as a Non-executive Director. The appointment will take effect from 1 November 2024. Stephen served as a Member of Parliament from 2005 to 2024. During his political career Stephen held various leadership roles in Parliament including Secretary of State for Wales and Secretary of State for Work and Pensions. Stephen has degrees from London Business School (MBA, 2004) & Bristol University. From 1998-2002 he was Policy Manager at London Chamber of Commerce. Announcement • Oct 03
Bisichi PLC Announces Retirement of John Sibbald from the Board Bisichi PLC announced that Mr. John Sibbald, one of its senior Non-Executive Directors, has retired from the Board with effect from 3 October 2024. New Risk • Sep 06
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.5% Last year net profit margin: 19% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 289% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.5% net profit margin). Market cap is less than US$100m (UK£11.5m market cap, or US$15.1m). Declared Dividend • Sep 04
First half dividend of UK£0.03 announced Dividend of UK£0.03 is the same as last year. Ex-date: 9th January 2025 Payment date: 7th February 2025 Dividend yield will be 6.1%, which is lower than the industry average of 6.7%. Sustainability & Growth Dividend is well covered by both earnings (17% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 5.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 81% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.5% EPS decline seen over the last 5 years. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to UK£1.15, the stock trades at a trailing P/E ratio of 47.4x. Average trailing P/E is 12x in the Oil and Gas industry in the United Kingdom. Total returns to shareholders of 85% over the past three years. Announcement • Aug 30
Bisichi plc Intends to Pay an Interim Dividend, Payable on February 7, 2025 Bisichi PLC intends to pay an interim dividend of 3 pence per share. The dividend will be payable on February 7, 2025 to shareholders registered at the close of business on January 10, 2025. Buy Or Sell Opportunity • Aug 05
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.6% to UK£0.85. The fair value is estimated to be UK£1.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Jun 28
Bisichi PLC Announces Appointment of Robin Parish as an Independent Non-Executive Director, Effective from July 1, 2024 Bisichi PLC announced that Clement Robin Parish has been appointed to its Board as an Independent Non-executive Director. The appointment will take effect from 1 July 2024. After studying at Oxford, Robin has accumulated over 50 years' experience in the investment trading industry, including over 10 years as Chairman and Managing Director of El Oro Ltd, a former listed investment trading company specialising in mineral exploration, mining, and industrial related activities. Robin also held roles as Managing Director and Chairman of The Exploration Company PLC and El Oro Mining and Exploration Co. PLC, prior to their merger to become El Oro Ltd. Announcement • Jun 19
Bisichi plc Approves Ordinary Dividend Bisichi PLC in its 112th Annual General Meeting held on Tuesday 18 June 2024 declare and approved a dividend of 4p per Ordinary Share. Declared Dividend • Apr 29
Final dividend of UK£0.04 announced Shareholders will receive a dividend of UK£0.04. Ex-date: 4th July 2024 Payment date: 26th July 2024 Dividend yield will be 7.8%, which is higher than the industry average of 6.7%. Sustainability & Growth Dividend is covered by earnings (18% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 80% to shift the payout ratio to a potentially unsustainable range, which is more than the 40% EPS decline seen over the last 5 years. Announcement • Apr 28
Bisichi PLC, Annual General Meeting, Jun 18, 2024 Bisichi PLC, Annual General Meeting, Jun 18, 2024, at 10:00 Coordinated Universal Time. Location: Meeting Room 2, 12 Charles II Street, St James, London SW1Y 4QU London United Kingdom Announcement • Apr 27
Bisichi PLC Proposes Final Dividend for the Year Ended December 31, 2023, Payable on July 26, 2024 The board of directors of Bisichi PLC proposed a final year-end dividend of 4 pence. The final dividend proposed will be payable on 26 July 2024 to shareholders registered at the close of business on 5 July 2024. Reported Earnings • Apr 26
Full year 2023 earnings released: EPS: UK£0.024 (vs UK£1.65 in FY 2022) Full year 2023 results: EPS: UK£0.024 (down from UK£1.65 in FY 2022). Revenue: UK£49.3m (down 48% from FY 2022). Net income: UK£259.0k (down 99% from FY 2022). Profit margin: 0.5% (down from 19% in FY 2022). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Apr 23
Bisichi plc Announces Demise of Christopher Joll as Senior Independent Director The Board of Bisichi PLC is deeply saddened to announced the death of Christopher Joll, the Company’s senior independent director, on Thursday 18 April 2024. Christopher Joll has been a director of Bisichi since 2001. The Board will provide further updates in due course. New Risk • Mar 10
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (7.6% net profit margin). Market cap is less than US$100m (UK£9.61m market cap, or US$12.3m). Valuation Update With 7 Day Price Move • Dec 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to UK£1.28, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 4x in the Oil and Gas industry in the United Kingdom. Total returns to shareholders of 139% over the past three years. Upcoming Dividend • Dec 28
Upcoming dividend of UK£0.03 per share at 13% yield Eligible shareholders must have bought the stock before 04 January 2024. Payment date: 02 February 2024. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 13%. Within top quartile of British dividend payers (5.8%). Higher than average of industry peers (6.4%). Announcement • Aug 23
Bisichi PLC Intends to Pay an Interim Dividend, Payable on 2 February 2024 The directors of Bisichi PLC intend to pay an interim dividend of 3 pence (2022: 10 pence) per share. The dividend will be payable on 2 February 2024 to shareholders registered at the close of business on 5 January 2024. New Risk • Aug 23
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.6% Last year net profit margin: 18% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (7.6% net profit margin). Market cap is less than US$100m (UK£14.4m market cap, or US$18.3m). Buying Opportunity • Aug 23
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 30%. The fair value is estimated to be UK£1.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 115%. New Risk • Jul 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (UK£21.4m market cap, or US$27.1m). Upcoming Dividend • Jun 29
Upcoming dividend of UK£0.12 per share at 12% yield Eligible shareholders must have bought the stock before 06 July 2023. Payment date: 28 July 2023. Payout ratio is a comfortable 8.5% and this is well supported by cash flows. Trailing yield: 12%. Within top quartile of British dividend payers (6.0%). Higher than average of industry peers (6.5%). Reported Earnings • Apr 30
Full year 2022 earnings released: EPS: UK£1.65 (vs UK£0.14 in FY 2021) Full year 2022 results: EPS: UK£1.65 (up from UK£0.14 in FY 2021). Revenue: UK£95.1m (up 88% from FY 2021). Net income: UK£17.6m (up UK£16.1m from FY 2021). Profit margin: 19% (up from 3.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth. Board Change • Apr 05
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-executive Director John Wong was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Feb 01
Bisichi plc Announces Demise of Sir Michael Heller, Chairman The Board of Bisichi PLC announced the death of Sir Michael Heller, the Company’s Chairman, on 30 January 2023. Sir Michael has been a director of Bisichi since 1972 and Chairman since 1981. The Board will provide further updates in due course. Upcoming Dividend • Dec 29
Upcoming dividend of UK£0.10 per share Eligible shareholders must have bought the stock before 05 January 2023. Payment date: 03 February 2023. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (6.5%). Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improved over the past week After last week's 18% share price gain to UK£2.90, the stock trades at a trailing P/E ratio of 2.3x. Average trailing P/E is 4x in the Oil and Gas industry in the United Kingdom. Total returns to shareholders of 172% over the past three years. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-executive Director John Wong was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improved over the past week After last week's 17% share price gain to UK£2.80, the stock trades at a trailing P/E ratio of 2.2x. Average trailing P/E is 5x in the Oil and Gas industry in the United Kingdom. Total returns to shareholders of 189% over the past three years. Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment improved over the past week After last week's 20% share price gain to UK£3.00, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 5x in the Oil and Gas industry in the United Kingdom. Total returns to shareholders of 182% over the past three years. Reported Earnings • Sep 01
First half 2022 earnings released: EPS: UK£1.08 (vs UK£0.028 loss in 1H 2021) First half 2022 results: EPS: UK£1.08 (up from UK£0.028 loss in 1H 2021). Revenue: UK£45.4m (up 92% from 1H 2021). Net income: UK£11.6m (up UK£11.9m from 1H 2021). Profit margin: 26% (up from net loss in 1H 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Announcement • Aug 31
Bisichi PLC Intends to Pay Interim Dividend, Payable on February 3, 2023 Finally, in light of the strong results achieved for the first half of the year and the performance of the Group’s South African operations in the second half of the year to date, Bisichi PLC directors intend to pay an interim dividend of 10 pence (2021: Nil) per share. The dividend will be payable on Friday 3 February 2023 to shareholders registered at the close of business on 6 January 2023. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment improved over the past week After last week's 33% share price gain to UK£3.65, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 8x in the Oil and Gas industry in the United Kingdom. Total returns to shareholders of 243% over the past three years. Valuation Update With 7 Day Price Move • Aug 01
Investor sentiment improved over the past week After last week's 23% share price gain to UK£2.90, the stock trades at a trailing P/E ratio of 20.8x. Average trailing P/E is 8x in the Oil and Gas industry in the United Kingdom. Total returns to shareholders of 172% over the past three years. Upcoming Dividend • Jun 30
Upcoming dividend of UK£0.06 per share Eligible shareholders must have bought the stock before 07 July 2022. Payment date: 29 July 2022. Trailing yield: 1.5%. Lower than top quartile of British dividend payers (5.2%). Lower than average of industry peers (5.0%). Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment improved over the past week After last week's 17% share price gain to UK£2.45, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 9x in the Oil and Gas industry in the United Kingdom. Total returns to shareholders of 124% over the past three years. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improved over the past week After last week's 19% share price gain to UK£2.15, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 9x in the Oil and Gas industry in the United Kingdom. Total returns to shareholders of 116% over the past three years. Reported Earnings • Apr 27
Full year 2021 earnings released: EPS: UK£0.14 (vs UK£0.31 loss in FY 2020) Full year 2021 results: EPS: UK£0.14 (up from UK£0.31 loss in FY 2020). Revenue: UK£50.5m (up 70% from FY 2020). Net income: UK£1.49m (up UK£4.85m from FY 2020). Profit margin: 3.0% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-executive Director John Wong was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Apr 21
Full year 2021 earnings released: EPS: UK£0.14 (vs UK£0.31 loss in FY 2020) Full year 2021 results: EPS: UK£0.14 (up from UK£0.31 loss in FY 2020). Revenue: UK£50.5m (up 70% from FY 2020). Net income: UK£1.49m (up UK£4.85m from FY 2020). Profit margin: 3.0% (up from net loss in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Reported Earnings • Sep 04
First half 2021 earnings released: UK£0.028 loss per share (vs UK£0.13 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: UK£23.6m (up 66% from 1H 2020). Net loss: UK£297.0k (loss narrowed 78% from 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 29
Full year 2020 earnings released: UK£0.31 loss per share (vs UK£0.098 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: UK£29.8m (down 38% from FY 2019). Net loss: UK£3.35m (down 421% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 02
New 90-day high: UK£0.80 The company is up 33% from its price of UK£0.60 on 02 December 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 16% over the same period. Is New 90 Day High Low • Feb 02
New 90-day high: UK£0.64 The company is up 16% from its price of UK£0.55 on 03 November 2020. The British market is up 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Oil and Gas industry, which is up 31% over the same period. Announcement • Oct 14
Bisichi PLC Appoints John Wong as an Independent Non-Executive Director Bisichi PLC announced that John Wong has been appointed to its Board as an independent Non-executive Director. The appointment takes effect from 15 October 2020. John Wong is a Portfolio Manager at Ruffer LLP. He has been in the fund management industry for almost 20 years. He started as an equity analyst at Friends Ivory and Sime (now ISIS Asset Management) looking at UK mid and small cap companies. He subsequently worked as a fund manager at CQS and Ruffer, managing global macro funds and more recently in a gold mining fund. Prior to working in the fund management industry, he trained as a Chartered Accountant and worked in audit and risk management in PwC, with extensive experience in the Insurance and investment management industries. Is New 90 Day High Low • Sep 22
New 90-day low: UK£0.50 The company is down 29% from its price of UK£0.70 on 24 June 2020. The British market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is down 14% over the same period.