AED 0.00% 14.5¢ aed oil limited

When the price was around $5.00 my opinion was that the next leg...

  1. 2,243 Posts.
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    When the price was around $5.00 my opinion was that the next leg up would take it to around $6.50 and it would bounce around this level for a while with a further leg up due in a month or two coinciding with, or just prior to production. Next leg should take us up to around $8-$9.

    It seems to be playing along with this analysis but some greedy buyers could always push us up a bit sooner than anticipated.

    Personally I think there is still a litte time for some careful buying at good prices ($6.35-$6.50).

    Cheers
    Zinc
 
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