TAP
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0.00% 7.8¢ tap oil limited

UZNBUZ Probably good advice! But it is easy to be pessimistic in...

  1. coopec
    2,669 Posts.
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    26/02/15
    09:53
    Post #: 14820689
    UZNBUZ

    Probably good advice!

    But it is easy to be pessimistic in this situation. I keep thinking of T Boone pickens saying (when oil was in it's forties) that oil would be trading at 70-80 USD/barrel by Christmas. If that happens and on top of the depreciation of the AUD Tap would be doing very nicely. (He also predicted a return to 100 USD/barrel)

    seventy.GIF
    TAP Price at posting: 35.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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