STEL still beating KDR today even without commentary
We can reveal exclusively that infamous bear raider Evil Knievil (aka Simon Cawkwell) has today bought another 500,000 shares in Enegi Oil (ENEG), the £12 million capitalised AIM listed oil play. This takes his family holding to 3.5 million shares or almost c2.5% of the equity and Knievil says the shares, now 8p, are ones where “the upside is huge.†Knievil cites as evidence of this a note from house broker Shore Cap from October which concluded “we see scope for highly accretive reserve additions and calculate Risked NAV of 33p/share.â€
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