..
My basic assessment is as in any business, if no money to be made, banks will not lend you and public will not fund you either. So sooner or later (most shalers are financially in corner) a balance will emerge.
...
Below $40/barrel (except Iraq, Iran and Saudi) no other producer can good money, including Aussie WPL and Santos.
... Russian can sell Gas at throw away price and still make money, nobody else can do. Russia network of pipelines is its core asset and Russian Federation owns them, including gas and oil storage.
...GFC has hanged everything, I learnt hard way, just survived some how.
.. After GFC, Financial Rules are simple. Play Safe. Better to make half rather chasing gold and loosing everything. ..Avoid Pennies, 99% of them worse than Casino Gambling, they all thrive of bubble and rumors without any real assets.
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$7.00 |
Change
0.100(1.45%) |
Mkt cap ! $22.73B |
Open | High | Low | Value | Volume |
$6.95 | $7.02 | $6.95 | $37.47M | 5.357M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 109999 | $7.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.01 | 12294 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 104999 | 7.000 |
1 | 500 | 6.990 |
7 | 70521 | 6.980 |
5 | 124573 | 6.970 |
8 | 77996 | 6.960 |
Price($) | Vol. | No. |
---|---|---|
7.010 | 9794 | 2 |
7.020 | 22524 | 6 |
7.030 | 50062 | 5 |
7.040 | 78576 | 6 |
7.050 | 208486 | 10 |
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