Wael’s first sprint to close the stock price gap with its American rivals has been largely unsuccessful.
Next option is to delist from London (where we are the largest listed company, which speaks volumes to how bad the London capital markets have gotten) and relist in US. Unlikely to be the big reveal of March’s capital markets day, but certainly will be a much more frequently used talking point in Wael’s next sprint.
Predictions on when it’s announced Shell will relist on NY Stock Exchange? After that happens, predictions on when Shell gets added to S&P 500? After that happens, predictions on when the GD bloodletting will stop for a few years and we can actually grow this business into something the consuming public (and investors) actually want!