GREY:ARWJF - Post by User
Post by
simon19on Feb 21, 2015 4:32pm
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Post# 23451607
Capital preservation
Capital preservationWith oil prices lower and a great amount of uncertainty as to where they may bottom out, ARW will not do a NR just for the sake of one. They are waiting for better fundamentals, and more stable oil markets before continuing with their afore planned programmes. Why would they spend more money now when the oil market is so volatile. Prudent capital preservation. Patience.
JMO