I have to say that is a worry for me too. I read an article on Bloomberg this morning that stated that there were only 3 shale oil producers in the US that could break even with WTI trading at US$31. The article mentioned that there was another 100 operaters that it would not be feasible to drill new wells at last night’s prices. I still think SDV is a very good investment in the long run but markets being what they are I think prices will be volatile over the next 3 months or so.
I have to say that is a worry for me too. I read an article on...
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Last
48.5¢ |
Change
0.005(1.04%) |
Mkt cap ! $92.05M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.0¢ | 47.3¢ | $580.0K | 1.193M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 155 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 20993 | 3 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| SDV (ASX) Chart |