breaking 16906 Oct 2015 13:18
just shows what a bonkers price 1500's were - we are unlikely to see that again since the prices are artificially low due to the oil turf war going on atm. My last two tranches are now well in profit but I wouldn't sell -- when would I get the opportunity to have income generated by a quality company -- my percentage dividend will always be based on these levels -- if I don't sell. What will happen when the surplus oil gets used up -- as it surely will -- we are using more oil every year despite the slow down in China which is inevitable -- it's only a slow down in the rate of growth not a lack of demand.