Seems to me not that long ago oilys were flying along. STO...

Seems to me not that long ago oilys were flying along. STO hitting a high of $22, WPL hitting $70. That ship has sailed and AMU didn't get a look in. People keep saying AMU shouldn't be affected by the price of oil due to their hedge book. I say again, the market doesn't give a rats. They are and will keep sinking if the price of oil does. In turn their pe keeps looking ridiculously cheap. Back to Wyllies issue price now, (near enough) will we find support here? All we can do now is wait for oil to stabilise and find a base so the market can reassess each oil stock individually and not purely as a sector to sell down.