I was I believe lucky to pick up a few more at yesterday's opening @$2.60.
Anyway it truly gets me how the market now reacts to yesterday's (should I say last month's) news about ST oversupply and high inventories. IF the broader market double dips I guess we could again see POO at $35 USD (at the current value of this currency)BUT that does not alter medium to long term oil supply constraints.
Yes there are new discoveries of substance but they are mostly deep and sour and expensive. -------------------------------------------------
Not investment advice
AWE Price at posting:
$2.63 Sentiment: Buy Disclosure: Held