You are correct it is just their view, somebody else might have a completely different view, that's the way the market works. Sure made a lot of people upset by mentioning oil in bear market and my comments on the SPP. One could actually say the SPP looks pretty good at this point, the s/p has held very near the issue price. In many cases we often see the price dropping way below issue price with SPP. Was happy to pick" my entitlement" up at 38c. To put the record on a fair footing here's my bullish comments on oil, Saudi Arabia very much want to keep the price up due to Aramco IPO,the middle class in Asia is increasing and they want cars & oil demand increases, the increasing comments that fossil fuels are finished are way overdone, that we will be flooded with electric cars in the next few years is away ahead of its time, investment to replenish existing reserves has dropped, very few new reserves are being found, the easy locations for finding oil are almost gone (CVN great location) , fracking is expensive requiring drilling all the time, current price is not reflecting conflicts in the middle east, something really nasty could come out of the blue in the middle east at anytime. Bears will say a lot of rubbish but that's the way it goes.
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $330.6M |
Open | High | Low | Value | Volume |
18.5¢ | 19.0¢ | 18.5¢ | $683.0K | 3.642M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 1534815 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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19.0¢ | 338152 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 1134815 | 0.185 |
17 | 1581263 | 0.180 |
7 | 757857 | 0.175 |
2 | 260000 | 0.170 |
3 | 277701 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 338152 | 6 |
0.195 | 2725843 | 16 |
0.200 | 1278450 | 25 |
0.205 | 1214397 | 17 |
0.210 | 1320000 | 13 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
18.8¢ |
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Change
-0.005 ( 0.05 %) |
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Open | High | Low | Volume | ||
18.8¢ | 19.0¢ | 18.5¢ | 2404632 | ||
Last updated 15.59pm 03/05/2024 ? |
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