Re always wanted to swap
As it turned out when Fec was trading at $2,00 it turned out that it would have been the right move.Now keep in mind the only reason that Fec has moved to where it is ...is because oil has moved from $20a barrel(yes I know it was lower)to $64 a barrel... and Not because of developments in Guyana...ie..extension of leases.. If oil was say trading at $30 a barrel then Fec would probably be trading at $3.00 ..but our cgx would still be trading at our current $.90... So if you think the price of oil will stay at these levels or go higher then switch to Fec...If not then stay with Oyl because it won't be affected much by the price of oil. Hope this helps