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Q: Hello 5i,

Could I get your future outlook on PXT given the recent election of a leftest government in Columbia. Market is very negative on the stock today (-10% as of writing).

Given that approx. 30% of Columbia's government revenues come from the taxation of Oil, I find it hard to believe that the new government would do anything to endanger it's revenue stream when it will be sorely need to pay for election promises made. I think the market is overreacting on this one.

Your thoughts would be appreciated.

Thank you.

Read Answer Asked by GREGORY on June 21, 2022
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