You got the Saudis turning the taps back on.
You got the US fracking companies starting up again (a lot went bankrupt when the POO was sub $50.
These are just 2 reasons, the POO will eventually come down.
Had ORG not had a deal in place, and the POO fell again because of the reasons outlined above, you would be here saying how incompetent ORG Mgt is for not protecting itself.
Damned if you do, damned if you dont....
You got the Saudis turning the taps back on.You got the US...
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Last
$9.79 |
Change
-0.200(2.00%) |
Mkt cap ! $16.86B | |||
| Open | High | Low | Value | Volume |
| $9.93 | $9.94 | $9.75 | $48.15M | 4.905M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6478 | $9.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.81 | 26585 | 4 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| ORG (ASX) Chart |