XSO 0.14% 2,972.9 s&p/asx small ordinaries

The Brains Trust, page-6613

  1. 6,496 Posts.
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    A little oiler I've liked for some time is showing a likely bottom on the chart and start of a new uptrend.

    BAS

    Producing and therefore a beneficiary of the oil price getting stronger, but has lots of potential still in the pipeline without needing dilution. Should show revenues of circa $2m this year and is capped at well under $10m.

    BASO for those who like more risk. 3 months till expiry they are in the money as of now but they have a piggy back option free on conversion which makes them have a bit more value if this uptrend can hold.
 
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