RE: Members3 Apr 2019 14:59
MW75... hi, are you sure of what you say?!?
As I write this at 13:50 hrs:
RKH up 12%
CNE up 1.9 %
ENQ up 1.5 %
TLW up 0.9%
PMO up 0.7 % at 98.90
Smallest gainer by a mile.
Brent near $70
In other times, we would be up 10% daily on positive and decisive Brent movements upwards. But nowadays we are lucky to put 1 p each time. I bet you that if EIA figures are bad this afternoon, we will drop like a stone and a lot more than any other oil share. I am not moaning. I am just frustrated. PMO is by far the best of these oil companies. Best assets, potential and outlook. It drops more than any other on negative Brent, because it is so highly leveraged. It should therefore always gain the most when Brent goes up. But it doesn’t. Oh, and I do not just look at daily movements. Here’s one for you. TLW only 10% off their 12 month high. PMO? 50%. Say no more