stayer
You are probably not going to like this but i exited my position between 87-88, simply because i felt oil will push a bit lower, and i want to take some profits and offset against SXY which i reduced significantly, as i felt it (SXY) most prone to an oil price drop over coming weeks ( and it proved to be the case in a bigger way than i imagined and quicker than i imagined) i think the oil sector will bottom over next few weeks and i will try to enter at what i think are very cheap and safe levels. This is about 72-74 for DLS( not far now ) low 80s for BPT. Sxy I am still holding a few but i can't see them recovering until oil does but if to goes any lower i will probably buy back what i sold . DLS is the choice pick , followed by BPT and then SXY, but i look at it as a function of value and price so SXY and DLS are about even, although i prefer to hold DLS who can grow easier than SXY can from a capex required perspective
I am buying with a view that oil may drop into 50s ST
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Last
$1.23 |
Change
-0.005(0.40%) |
Mkt cap ! $2.623B | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.25 | $1.22 | $4.348M | 3.529M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 124006 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 2605 | 1 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| BPT (ASX) Chart |
