Slump in oil price hits WOR, page-64

You picked it mate, but as I said if you can't buy when things are looking terrible then when do you buy?
Buy in gloom and sell in boom.
I'm hoping they've been cost cutting like mad and announce such things to the market.

It's acceptable collateral and good for some covered calls if soaked up at these prices and has a bounce.
Dividend is reasonable.

Surprising it is being punished so much when it has exposure to other areas outside the oil industry.
Should be an interesting AGM.

Can it go lower, possibly but at these prices, ya gotta think it's going to look decent when the cycle recovers.