There is no correlation between stock price and oil price in the range trading atm. The price is being manipulated by MMs in the US.
There is though a very strong correlation between SSN revenue and oil price. This will be shown when revenuea and production figures are release later in the quarter.
personally I think the commentary regarding price and company performance as hilarious because people think the Co is going bad because the stock price is going lower albeit on lower volume.
Have not fear that the stock price wil re-align with Co fundamentals in due course. I do however believe SSN is being manipulated for a very good reason.
don't stay up too late. I'm at work till midday and looking forward to my nanna nap this arvo
FP
SSN Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held