Ann: Investor Presentation - Charlie-1, page-102

DB, you're right..........it's everything..... not just oil stocks.....apart from the health issues, the big effect of corona is economic......China has shut factories, so has Korea. etc etc. Less demand for iron ore, less demand for oil. Asia is in economic turmoil at the moment........Couple that with an election coming up in USA....so what are people doing.....they're talking about "stocking up" on food etc. (here in Sydney for crying out loud). They're preparing for a financial Armageddon...........The market will turn but only when corona starts to fade from the front page...............What did Warren Buffett say ? buy when everyone else is fearful.....I might call WB & see if he'll loan me a couple of mill to buy some oil stocks .