by slstock Mon Dec 14, 2015 1:40 pm
Issue is YK no matter the oil price, will this company
consistantly show good profits on Financials
Well on some positive,
Let see what happens when Oil formula comes.
There was a talk about government, joining some foreign company for something to do with oil ( I know this is so vague, but this is just something I might have read from budget , I could be wrong so need to clarify). If it is with LIOC that some positive for them.
But right now, after seeing last quarter results , am not too please how this company is progressing.( also in financials)
Someone asked me on FB or via PM in forum whether is is good to buy LIOC now as his holding cost is more.
So I thought I'd share in public.
I feel best not to average now if one want to as it is still shaky ( could dip more if any deals are there or someone want to dump).
Hope the Government and this company gets their act together.
A large company having effect on ASI also.
yellow knife wrote:[You must be registered and logged in to see this image.]LIOC is now entering to an era after the
Longest Period of Sustained High Oil prices in History.. Lets see what lies ahead in SL oil duopoly....
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