Thanks re reply, your always great re your thinking and sometimes coaching.
...I've made the same observation re Chi X vol today.
...I appreciate the banter re the Saudi position but I'm of the firm position that they started this thing for keeps. They ain t going to hit reverse till they know that the competition is out of gas... It's taking longer than well think...
None the less I'm still staggered at the Vol today. I really don't know why.
On the upside the vol could be a New sub shareholder coming...
On the downside this could be a pump prior to soon to be released half years... I'm a bit worried re south East Asian ulilistation and day rates then triggering an asset impair. Shorters up to old tricks...
MRM Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held