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Not sure the sp will double, but agree the sp will increase...

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dugsab

16,515 Posts.

2577

27/06/20

11:38

Post #: 45486913
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Originally posted by Invo: ↑

it happened again today, some massive buys in at end of day.
I agree every buyer needs a seller, However in this case it's 1 buying from a multiplicity of sellers.
They in its terribly under priced. it will go up and down but in a few years the price will double.
just waiting for Covid to be controlled and world to swing back to full business.
IMO People whom sell the panic are creating great bargains for savvy investors.

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Not sure the sp will double, but agree the sp will increase (perhaps 50%) in a couple of years.

However for the time being sp will show weakness, since fundamentals are showing a poo (Brent) in the $30-$34 range as more appropriate.

OSH Price at posting: $3.12 Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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