Since hitting a high just under 12-months ago at over 60p/shr, Afentra’s share price has pared back to 38p/shr. This is for various reasons, including profit taking following a strong run, a perceived lack of activity as major transactions are assimilated, and weakness in global oil prices. We believe that these events now present a highly attractive entry point, with the shares trading on discounted metrics across the board, and plans and funding in place for significant near-term growth. On ou ....
