Thank you for those insights, bluegolds fall seems to of been timed badly for NEN, but I guess since they have probably sold out it leaves more stock out there for people who want to get behind the stock.
Stapleman, the Euro is a different beast of difficulty. Their structural issues make stimulus focused on liquidity rather than macroeconomic per say. It was bound to happen with a range of different economies under one currency.
I think oil prices may be boosted on further tensions in Iran and the infamous straight, china stimulus and the US growth and further stimulus. Probably in that order of impact. Also there's alot of money shifting from different sectors and it's bound to go somewhere ie IT sector and high yielders.
I agree let's hope targets are met in time, but judging from what you say T-Shirt the delays for this sector are not exactly long delays. They probably are ahead of schedual compared to other energy plays.
NEN Price at posting:
34.0¢ Sentiment: LT Buy Disclosure: Held
