RE: Added7 Jul 2022 15:34
1,193m different views Kairom. WE are only a small few. I SP was driven low yesterday. Mount_Teide sums it up well on another forum:
Nerves? What Nerves? As an investor with 3-5 year investment outlook, I am very comfortable with the performance of my investments across the O&G sector over the last 5 years, and on the balance of probabilities based on an in depth analysis of the sector fundamentals, expect to be even more comfortable with where they're likely to be in another 3-5 years time. Nowadays, far too many PI's seem to act and invest like short term traders. Regular circa 20% pullbacks are a characteristic of modern day equity investing, largely the result of the profusion of short term traders petrified of losing money who now infest these markets. These are 'investors' the financial sector consider as sheep for the fleecing - so much so, they introduced leveraged investment products like spreadbetting and CFD's, to industrial the process by bringing a little technology and sophistication to the shearing process. AIMHO/DYOR