bass strait oil-17.65% div/ret. of cap yield, page-10

re: bass strait oil-now +6c at $2.53 No problems Shaziski....I'm looking for at least $2.58 by next Thursday (last cum div/redemption of capital date)..if it trades above this it would be a breakout on the chart and could then run quite a bit higher.

I believe the oil price and AUD exchange rate are also a factor here...if oil moves above $56 and/or the AUD falls against the greenback in the next few days this should also be positive for the share price (though I haven't analysed forward selling contracts/hedging which BSO may have in place).

Ajax