I feel the price can rise back to $6-$7 easily.... $10+ - I am not so sure without a war or some unrest in the middle east somewhere!
It all obviously depends on demand and supply for the units in the fund.....
A distribution from the fund may also be a catalyst for a climb in price, but realistically if there continues to be less volatility in Oil prices I feel we can expect a steady increase over the mid term and likely a reasonable distribution.
- Forums
- ASX - By Stock
- What Drives OOO SP up and down?
I feel the price can rise back to $6-$7 easily.... $10+ - I am...
-
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OOO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online