price of oil is a major factor but go back 4,5+ years and similar poo prices were in existence with the sp at high multiples to where we are now. Market has definitely changed along with sentiment wherever that has gone. To be honest as an investment vehicle and the amount of cash spent, price of oil etc we are probably exactly where we should be, however sentiment poo etc etc can all change overnight and be a total polar opposite of where we currently stand. Tbh oil is a limited resource and price will rise, eventually, but as with most things, it's all about timing and waiting and ultimately if you can afford to both time wise and finance wise. This is where the institutions will always win out over the pi.
chris2 predicted 18-22 any months back.........then when it got to 29p he predicted 15-18 these guys are called good til close in the city and never ever trade owing to the fact they are sheep the ONLY reason this SP is anywhere below 30p is the POO.........and even the great chris2 never predicted that think about it......why do so many people on this bb think you are an ass?.........we can't all be wrong
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