ZEL - Z Energy.

[bull....]

Your post displays a complete lack of understanding of the oil industry and how they measure their profits. Their primary profit measurement basis is replacement cost. I don't have the time to explain it to you so I would suggest if you want to tool-up and understand this company better you start with their recent half year presentation available on the NZX website.

funny , i used to work in the oil industry ... if z was doing so well why is there share price crashing? maybe oil price does have a little to do with it over the short term. i suggest you read up on it .... there is a certain amount of production that is influeneced by trhe price of oil. they buy oil and send it to nz refining. sometimes nz refining wears the cost sometimes z wears the cost

i havnt the time for silly debate it averages out over time