Not joking. They look geniuses right now by hedging 53+ USD/b (when the price is 32USD/b) and securing the future of the company.
I am not impressed with the share price obviously but, apart from PR, I don't see what else can they do from a management point of view to provide results.... They are even delivering (small) profits already.
Note: I bought about 10c as a punt.
Ann: Oil Price Hedge Position Update, page-4
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0.9¢ |
Change
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Mkt cap ! $11.57M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1324026 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 103369 | 3 |
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