oil recovery and drilling partner will see it bounce. The impairment will affect profitability this FY but will make the results look good the following FY when the oil market is picking up.
If you don't plan to accumulate now at least hold - made mistakes in the past of selling out in the lows only to see recoveries... trust me that hurts more!
ATS Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
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