I am no expert but I do believe much hangs on the oil price. The OPEC countries are keeping the oil price low with the Saudis the biggest producers; the reason, to force America out of the oil market, (shale gas/oil). Saudi Arabia is starting to feel the pinch as most of the population there live on 'welfare'. When they eventually go broke there will be a revolution in that country, as oil and a bit of tourism, the hajj, are their only income, and Saudis don't like to work. ISIS is also against them. When Saudi Arabia hits the wall, OPEC will collapse, the oil price will go up and so will the price of oil, and Australian gas/oil, and our SP. I give them 12 months and I think that's being optimistic. DYOR.
TSV Price at posting:
4.3¢ Sentiment: Buy Disclosure: Held