I made a chart showing the price of oil in $AU vs $US.
You can can see that for Oil companies receiving AUD for Oil, they are not that worse off.
I also posted this in the ELK forum (as I am holders of both stocks)
9876 you pick it well. up or down tomorrow, page-122
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 16.0¢ | $18.02K | 111.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 531148 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1006772 | 21 |
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| Last trade - 11.53am 22/08/2024 (20 minute delay) ? |
| CVN (ASX) Chart |