MI, recent global events would suggest 'somebody' does not want oil prices to fall despite talk of slowdown. Take your point about hedging but not all oil fields have been as kind as tui has been to AWE, so the banks get nervous about earnings.
Anyrate AWE have plenty of options and their next move should have 'growth' written all over it, cheers,n
who is next on on the dance card, page-8
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