Since late April 2019, on the Oslo Stock Exchange, DNO ASA (DTNOF, DTNOY) has been creeping lower and lower. Its 2019 results presented recently failed to reverse the sell-off and wake up slumbering bulls. The incessantly sliding share price makes an impression the market has become a perma bear which sees only negatives and overlooks positives.
I brought DNO, the Norwegian Kurdistan-focused upstream company, to the attention of my esteemed readers in April 2019 when I enumerated a few of its merits, citing, among other things, high free cash flow yield, record-low