RE: What’s occurring?21 Aug 2020 19:03
I sold most of my pmo 45-50 p recently with good gains to switch into others non oil shares...also did the same with tlw,trin.
But I bought Pmo yesterday and as you can guess I am already sitting on paper loss but I think it will recover but needs the oil price support and clarity abound recent acquisitions from BP and likely to dilute the share holders value as a result which is perhaps in its SP now..
Pmo is not for the faint hearted now because of its volatility for the time being but if you are that kind of person then wait and see for more settled time but for me I take risk here and there as I hold around 15 shares..
Today I added to my hur,phe . I only post in my holdings bb...so all there to see where I am now...
Though a couple in hiding not on the list but all others there..
GL