Hi Steve,
Don't think POO will fall to US$100. Any slackening due to recession will not approach demand destruction. US inventories have been falling in Gulf Coast due to falling supply from Mexico and Venezuela. Their west coast inventory fell and one perceived reason is greater competition from Asia. Maybe Angola will save the USA weekly stockpile figures but I doubt it.
I agree the CVN SP being foolishly oversold, but the day will come when the Panic Station will be the Petrol Station and not the CVN SP.
panic stations, page-13
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $348.8M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.5¢ | $80.01K | 402.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 1576649 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 319098 | 7 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |