RE: All Talk16 Apr 2018 14:12
But... UEN is 100% domestic sales, so the export market/ sanctions won't affect them, directly. But it could cause an indirect oversupply of oil in Russia, if the big boys can't export... This will have a huge competition impact. Also, political uncertainty is the major factor that is keeping this down. I don't see this going away for a couple of years, and in that time there will be a Forex swing favouring the USD. The only positives are that China will side with Russia and will probably present sanctions, and also probably prevent a war.
I have been in this share for nearly 10 years and the biggest issue has always been geo-political uncertainty - taxes, conflicts, Board relationships... Fundamentals have always been strong.
I want a excellent well/ operations update - a spike in share price - then a sell point (for me) of �2.
DYOR x