Why bail now when news on SXY is just around the corner?
COE is running on all cylinders today, with their news!
I'm frustrated also, as I check dow and oil price daily, thinking SXY should move when their up and it does not follow.
Look at when EIG came on board Feb 2017. The share price hit 0.41 and oil price way down. Now oil price in the 70's and SXY today at 0.41! I'll put it down to shareholders bailing because of stagnant share price and nothing to do with fundamentals.
Ian Davies is a young bloke, wonder whether he has heard of hotcopper. Wouldn't it be great if he could see things from our angle. After all, we have all invested our hard earned cash and have taken the risk. As we all know if a company goes belly up we don't get a cent and that is scary!
SXY Price at posting:
41.5¢ Sentiment: None Disclosure: Held
