I do see your point and thank you for not taking umbrage. I nearly got into PVD at 50c btw..... but I'm deeply into FAR, i.e. deeply in the POO ha ha but they have pretty much found the oil even if sp is rooted so for me thats a much better punt. I'm sure you were in that?
And I'm not cross promoting, but with hindsight, maybe a better strategy for me would have been FAR/PVD/CVN/STO 1/4 each. I did get into STO though as of today. Compared to the others that is blue chip stuff?. Maybe.....
I'm trying to find an unhedged Oil ETF. I did find
"BetaShares Crude Oil Index ETF - Currency Hedged (Synthetic) (OOO)" but its hedged and I want to take advantage of AUD falling.
Pls excuse bold (its a cut and paste and I can't unbold it).
I'll have another look at PVD, a few ppl I know are keen on it. And I know there is more to it than just the upcoming drill.
Anyways, good luck with it!
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