Monday we GAP UP - at least 5-10c
....unless US markets tank which I doubt.
The afternoon rally I predicted came....but not enough strength. Its short covering late Friday.
This short is over. Oil at $46 guarantees this.
This is a screaming BUY actually on PE of nothing and double digit Yield potential...when divvie restored.
Not to mention it traded at $3.40 and higher when oil was this low.
I say $3.30-3.40 next week.
Insto Buying + short covering + No more selling = Squeeeeze rally next week.
GG
Monday we GAP UP - at least 5-10c ....unless US markets tank...
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Last
$5.93 |
Change
0.090(1.54%) |
Mkt cap ! $9.662B | |||
| Open | High | Low | Value | Volume |
| $5.92 | $6.03 | $5.92 | $33.25M | 5.584M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 71313 | $5.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 10016 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| QAN (ASX) Chart |