Oil is risky, Oilers are optimists. Accept that and move forward, or don't and move out.
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Sound advice even when economies are growing.With the present macroeconomic circumstances I cant see many oilers remaining profitable.
Where to the price of oil? Unless confident of it rising why be expecting even the best of oilers SP to rise? As I pondered these points I decided to move out.
I do however consider CVN one of the best oilers in an INCREASINGLY risky game.
pan orient release tonight, page-22
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $357.7M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 20.0¢ | $377.2K | 1.884M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 517767 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 944125 | 15 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |