I don't have a stop loss as i feel the macro remains poor. WOR has seen some massive movements in SP and its a pity you didn't sell a few days later when it surged above $9.00. But worldwide capex in areas WOR specialises in is low and falling with exception of renewable energy esp solar power. But is it enough to compensate for massive decrease elsewhere esp mining and offshore hydrocarbons?
It was almost exactly 2 yrs ago today that Brent fell through the $100 level. Back then i didn't dream oil would go below $50. Did anybody?
Ann: Preliminary Final Report-WOR.AX, page-77
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
