Well a few things there
If the rise in oil prices was going to move the SP it would have happened late last year. Instead the SP has gone it the opposite direction.
Yea, sentiment may shift but the options will continue to bring it down.
The price of oil will drop again like it always has in the past. The last time it was over $100 it came down very quickly. In fact 6 months later the price was half which was after the last Russian invasion.
BRK is also a very speculative stock and these type of stocks will be hard to attract jittery buyers
Look I hope you're right but I don't think the evidence is there to back it up.
Oil pushing $100 and BRK share price not moving, page-96
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $57.27M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $4.16K | 335.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 15481980 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 21978053 | 33 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BRK (ASX) Chart |