MAY 2.17% 2.4¢ melbana energy limited

Its not about fear.I've done this a long time and I actually...

  1. 6,768 Posts.
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    Its not about fear.

    I've done this a long time and I actually wound back alot of positions that I knew would get hit by a market correction or Russian war.

    Not to say that its risk free, even money in the bank doesn't have that if nukes start being used.

    Don't be surprised if one side or the other turns off gas / oil to Europe though.

    I'm expecting oil to be $200 per barrel at some point and having shares in a minnow with their foot on a huge in ground oil resource that is low capex to exploit seems like a reasonable bet in the most difficult of times.

    Had a huge $$$ hit at the start of week and nearly back to even today so am pretty pleased about that.

    Roll on next week though.
 
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