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The Share Price... OilFinancier uses the share price to determine how well you are doing in the seminar. You do not prove your skills by writing a good exam for your professor. Instead you have to participate for a significant portion of the seminar, wisely assess the changing financial situations, and negotiate with a win-win strategy. The 300-day duration and the 400 locations mean that no one can get ahead simply by a streak of good luck. The seminar is large enough for the law of averages to work its magic. The share price is a rather complex calculation that uses several accounting parameters of your oil company. Your cash flow is the biggest contributor to your share price. Owning lots of oil rights helps your share price, especially when prices are rising. Spudding new wells gives you a little boost as speculators gamble on your potential success. Cash affects your share price the least. In fact, if you become inactive, your increasing cash reserves will not overcome the depletion of your oil reserves. Your share price will slowly go down. In other words, if you want to maintain or improve your share price, you can't do it by sitting on money. You have keep drilling wells. Note that like most stock markets, the share price will appear to be somewhat fickle. But over the long term, it will reflect your gain or loss of strength during the seminar. Share prices will be reported in the daily report. As well, the
administrator will make new stock charts
after every evaluation day. |
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- DAVE VOLEK PUBLISHING - All Rights Reserved
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