disaster or opportunity?
Because we all know that most oil producers are selling oil for less than they cost, we know that once companies sell, the winners are those who bought them dirt cheap.
We should be smart enough not to sell our future... not just oil that is!
We will then see the oil price go up as quick as they fall. The problem is the rest of us suffer as cost of transport and inflation goes up when oil goes back up over $100.
So WPL,OSH, STO could be a great hedge instrument..
The dividends could pay for your petrol in two years..
All in my opinion...
disaster or opportunity? Because we all know that most oil...
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Last
$6.92 |
Change
-0.100(1.42%) |
Mkt cap ! $22.47B | |||
| Open | High | Low | Value | Volume |
| $7.01 | $7.02 | $6.89 | $38.98M | 5.618M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 40697 | $6.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.92 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |