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0.00% 1.1¢ freedom oil and gas ltd

I beg to differ. If oil was still at $100 barrel, good...

  1. Red Baron
    4,040 Posts.
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    22/06/15
    08:41
    Post #: 15505202
    I beg to differ. If oil was still at $100 barrel, good properties would not be on the market, any purchase would be at a premium. With low oil prices, more properties will be on the market due financial stress including banks calling in loans. Asset values will drop in line with the lower oil price. This is economics 101 and can only be good for a company like MAD
    FDM Price at posting: 9.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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