what is best oiler on ASX?, page-24

  1. DSD
    15,757 Posts.
    Instead of asking:
    'What will company's viability/financial health be if POO stays at current price of around USD58?'... perhaps we should ask 'What would company's viability/financial health be if POO goes to USD45? Will firm close shop or require a CR to survive?

    I feel DLS can withstand a drop to $45 but obviously it can't do so over long term. Several oilers are like IO mines and are loss makers at current crude price. WPL will regret buying Apache's shale outfit in Canada should POO not recover soon.
 
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Currently unlisted public company.

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