FDM 0.00% 1.1¢ freedom oil and gas ltd

Perfect storm

  1. 296 Posts.
    lightbulb Created with Sketch. 23
    Small cap company
    Oil and gas sector
    Shaler in US
    Russia wanting to kill off shale oil in US
    High debt and cannot service
    No cash
    Poor management
    Coronavirus
    OPEC and Russia can’t agree and flooding world with cheap oil
    Oil price headed sub $30
    Market crashing
    Recession
    (feel free to add to the list)

    I’m not feeling confident
    you?

    Last edited by gunsbuns: 12/03/20
 
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