Oil stocks have rebounded over the last couple of weeks a bit but in my opinion, that is the problem - BSO is not really an oil stock.
They receive a share of royalties from Bass Strait with a finite time period which is July 07.
As I understand it there is one remaining 25c capital redemption plus one last semi-annual royalty payment which I reckon maybe around 25-30c.
Good luck to keep this baby.
BSO
bass strait oil trust
