Further :-
When the Aussie dollar was around 70.5 cents , which was back in January.
The price of WTI crude was around the US$ 34 or less.
Well hello, the current price of WTI crude is US44.
That equates to 29% increase since STRA did their valuation .
My guess, the valuation is on the low side, even allowing for the spread in the valuation.
And the oil price is trending higher.
Just my observation. I'm not an "xspert" though.
Cheers IFINO
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