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0.00% 1.1¢ australis oil & gas limited

Ann: Oil Price Hedge Position Update, page-4

  1. Tremocos
    215 Posts.
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    10/03/20
    14:27
    Post #: 43406986
    Not joking. They look geniuses right now by hedging 53+ USD/b (when the price is 32USD/b) and securing the future of the company.

    I am not impressed with the share price obviously but, apart from PR, I don't see what else can they do from a management point of view to provide results.... They are even delivering (small) profits already.

    Note: I bought about 10c as a punt.
    ATS Price at posting: 3.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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