FDM 0.00% 1.1¢ freedom oil and gas ltd

Agree with RB and also with A to the extent that indeed without...

  1. 90 Posts.
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    Agree with RB and also with A to the extent that indeed without stability in the oil price a deal would be difficult as both sides will naturally be either pricing for either a higher or lower oil price. Remember too many of these potential targets would have had hedging in place linked to a higher oil price to get their funding. Now that some time has passed many of those contracts would be reaching maturity and leaving them open to the current prices hence more motivated to deal rather than hang on in hope - appreciate any comments on this line. Cheers
 
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Currently unlisted public company.

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