chris, fair enough if savanna worries you that much.
Just a though of comparison, Since June, SRL have fallen from 8 bucks to 1 buck, BMN have falled from 2 bucks to 30c.
And its not really any fault of either company, another U, BKY fallen from 80c to 20c, pdn from 5 bucks to 2, another oiler, stx 36c to 18c, BPT 1.60 to 80c.
Seems the larger Oilers have halved, except for your SRL.
I am genuinly interested, as I think that oil at 67/bl is probably nearing bottom???? So, the oil sector looks inviting. Can you offer some rational for your two favs AOE, and SRL? My quick look at SRL just says its been overly sold relative to its peers, same as BMN to its peers, hence the greater recovery? Or is there some other issue that has pushed SRL further down?
cheers
everyone needs to change their thinking, page-100
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Last
$2.95 |
Change
0.090(3.15%) |
Mkt cap ! $526.9M | |||
| Open | High | Low | Value | Volume |
| $2.98 | $3.03 | $2.94 | $1.499M | 505.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1610 | $2.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.95 | 5480 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| BMN (ASX) Chart |