BSO bass strait oil trust

Yeah but all things aren't equal. The 41c last divvy was because...

  1. attenborough
    41 Posts.
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    08/01/07
    16:43
    Post #: 2047108
    Yeah but all things aren't equal. The 41c last divvy was because the royalty for the period mar-Sept 06 was off the chart as the price of oil skyrocketed (remember $1.40 per litre for fuel). Oil prices have retreated since Sept so next div unlikely to be more than 25c. Add the final cap red and I wouldn't buy the stock for more than 45c.

    So why is it still at 70c? Surely current holders know what they have with BSO?
    BSO Price at posting: 0.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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