AFF Member Stock Discussion

Well tonight the price of oil in the US has dropped 5%. If that holds it will help lower the cost of diesel and petrol In Australia.
 
cove said:
Well tonight the price of oil in the US has dropped 5%. If that holds it will help lower the cost of diesel and petrol In Australia.
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In 2020 oil was in the $20/bbl region and it didn't seem to do much for the price at the bowser.
 
Mr_Orange said:
It turns out that move didn't continue with US markets closing around their opening price.
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Wasn't it $24m, or did they claw some back?
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I was referring to the sale of shares for $17m and approved by the Chairman whilst the company knew it was under investigation by the ACCC.
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cove said:
Yes @prozac I remember that happened.
Starting to look like interest rates in the US may have peaked.
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I don't think they have peaked here.
 
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We bought some CTD shares this week.
Have bought WBCPL, NABPH, CGFPD and CBAPM hybrids as they are all in the 7% to 8% gross income range. Less safe than a term deposit but they are earning 5% plus a bit.
 
Today I got 1 Unit in CGFPD out of our order. Maybe tomorrow will be a better day for buying some.
 

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