You'll like this Quanyum. Some nice reading over the holidays.
The source of the problem could (probably will) be the source of the solution!!!
http://seekingalpha.com/article/403...still-budget-deficit-2017?lift_email_rec=true
Despite Saudi's strong efforts in cutting its budget deficit, the economy will still be running a budget deficit at 7.7% of GDP. Oil prices will need to move higher for Saudi's 2030 vision to play out, and Saudi Aramco's IPO value will also be dependent on the price of oil at that time. With the second largest oil producer in the world's incentive aligned for higher oil prices, we think WTI will reach $60 early 2017 and $70 by Q3 2017.
- Forums
- ASX - By Stock
- TEG
- TEG Cash flow positive leveraged oil producer
TEG Cash flow positive leveraged oil producer, page-28
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TEG (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $14.56M |
Open | High | Low | Value | Volume |
0.7¢ | 0.8¢ | 0.6¢ | $365.7K | 52.34M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
32 | 19243591 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 3081557 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 18892825 | 0.006 |
34 | 16470164 | 0.005 |
13 | 10758000 | 0.004 |
8 | 10411000 | 0.003 |
4 | 12944444 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 3081557 | 4 |
0.008 | 7736013 | 17 |
0.009 | 6650879 | 13 |
0.010 | 5024590 | 7 |
0.011 | 1466667 | 2 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
TEG (ASX) Chart |