Quote:
Originally Posted by Dean2
Differing views is exactly what makes a market. For every seller who sees better opportunity elsewhere, there needs to be a buyer that thinks he is wrong. I actually hope Suncor and the pipelines have a better and longer run than I expect but I am not willing to bet capital on it. Lucky for them there are many others that think I am wrong.  |
For sure, it’s always supply and demand.
I know we’re both watching this IPL deal with interest but did you notice another small deal today in patch as my second favourite energy company snapped up a Black Swan for 1.1 billion. The market seemed to like that one.
Not as big a fan of Suncor. Last time I looked I believe their op costs were in the thirties. But yeah, I hope our patch keeps going strong for many years too.