This stock is defiantly a bargain at the price it has slumped to over the past couple of days. The drop in the price of OSH is only due to a couple of factors the cyclical decline in the price of crude oil, warmer seasonal conditions globally resulting in less demand for energy, furthermore OPEC was meant to be cutting supply of oil however it is questionable about wheather this has actually happend.
Look at the graph of the price of oil in the last 3 years ,their has been 5 distinct corrections every time it has rebounded to a new high. Their is no disputing this correction may take a little longer to surge but it will. With increasing demand due to developing nations such as China and India and the fact the supply can be manipulated by organisations such as OPEC , I think we will see oil at new heights in the next 6 months atleast.
This one is for the top draw.
- Forums
- ASX - By Stock
- osh bargain
This stock is defiantly a bargain at the price it has slumped to...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OSH (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online