I disagree with the analysis in the article and sense that BUMN is too focused on world oil market gyrations. World oil pricing is always moving around, nothing stable about it.
Upstream operations are really not all about the price of a barrel of oil, imo
They have been floundering around with this PHE - IPO idea for some time. The delays cause "credibility" questions to arise, imo.
Thanks, What it has to do with INDO this new IPO? I need to dig deeper that is for sure I’m concerned that they may raise cash at some point, it’s kind of tight with falling oil prices and their expansion
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