MAY 4.35% 2.2¢ melbana energy limited

JPMorgan Sees ‘Stratospheric’ $380 Oil, page-93

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    What he was saying is that now the heads are going up in 0.5c increments, not 0.1c then the oppies should also go up in 0.5c increments. This is true as the oppies generally lag behind by 3.5c. H/E it is not an absolute correlation of course, but as a rough guide, fair comment.
 
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