Hi Ronnie,
As per my earlier posts:
-I don't follow charts much, but you make a valid point that the shares are seriously undervalued.
-Chris Towsey stated during our visit that petroleum products (diesel,lubricants and hydraulic oil) only make up 3% of their operating costs, so even if petroleum doubled in price, it would only increase their operating costs by 3%. There would be some flow-on from manufactured goods and freight, but again, only single-digit increase.
Hi Ronnie,As per my earlier posts:-I don't follow charts much,...
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Mkt cap ! $15M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
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| Price($) | Vol. | No. |
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