RE: mick.b5 Jun 2018 15:45
Thanks TROAJAN
Yes, wise to get out of VED. But wasn't sure, after the drop, if u had bought back in.
i know you like VED but it's S/P is also dependent on oil price through 90% Cairn India that Cairn sold to VED.
I have held Cairn since they first discovered oil in Rajasthan...way back.
Cairn are now taking the Indian Government to court because of a long dispute over the tax regarding the sale to VED.
Cairn cannot sell the remaining 10% until the dispute is settled
You have to be careful with India's demands...they have treated Cairn badly..as the tax dispute has dragged for years