RE: RE FRAC20 Jun 2022 16:02
Simply owning an asset, gas field, copper mine, gold mine etc, is not the same as producing and selling that commodity in sufficient quantities to be profitable. This share seems to be for traders, whether they identify as that or not. I notice on Twitter that Quint, who was extolling the virtues of long term holding of Oilex, is now claiming to be trading it. I can only surmise that either he has realised that his predictions were way off the mark or he is trying to give the impression that he is making money when in fact he and those who followed his advice are underwater.