Australian (ASX) Stock Market Forum

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Despite the stock market tumbling, we can't say the same has happened with the POO:

[ATTACH=full]142881[/ATTACH]

Shaded above is the past 4 month's trend, which remains firmly positive.

Not that I have charted it but, for interest's sake, natural gas prices are presently $5.30 higher than the same time last year.

Accordingly, today's ASX stumble will not affect the profit profile of the likes of STO, WDS and BPT, to name several of our oilers.


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