AMU has held up pretty well of late IMO given recent pullback in markets and commodities and end of FY.
POO seems stable at this level after a good run, some consolidation likely although a further spike on the back of geopolitical tensions is also on the cards imo
China has been increasing its imports from Iran and we all know what a mess Iran is in atm
Was reading an article today that quoted legendary oil man T. Boone Pickens speaking about gas prices
"* TEXAS oil billionaire T. Boone Pickens reckons natural gas prices in the US will double by next year to $US7 per 1000 cubic feet. This will be music to the ears of the dozens of Australian juniors drilling for gas or already pumping it in the US."
Still a long way too fair value here imho
AMU has held up pretty well of late IMO given recent pullback in...
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