I think perception is still of oversupply plus larger oilers and fins are attracting the big bucks at the moment.Im happy with my 20c entry and feel confident that by this time next year sxy will have broken out of its 52 week range, i hope...It appears to be dragging an anchor around which im betting it will break as it builds up its balance sheet and poo climbs...Over 50% of sales will be term contracts by FY22...This mob meets requirements and guidances and appears to be on cruise control..Anyway, g.l.t.a.h..
SXY Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held