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.
- Forums
- ASX - By Stock
- DLS
- what is best oiler on ASX?
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)