An interesting observation M1. It also illustrates, imo, a very favourable asymmetrical risk... which I thought was the case at 11.5 when we had just resolved a lingering debt question. Now we are at 8.7c, having bounced of a low, surely the steamer is worth a punt from here. Which leads me to think we wont be at these levels for too much longer.
Brent Emmett outlnes 2015 strategy, page-12
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