I was interested in this because it is filled with oil. I learned that a compass which has this will be a little better when the compass is tilted. Cheap little compasses will "stick" if they aren't held very flat, but this one is very good. It is very clear. It is plastic, but it is good quality.
I glued the compass to my diving console - since it's filled with a "fluid" it should survive (I dont see a "bubble" in it, so I hope there is really a fluid in there ;) - successfully tested @ 10-15m depth yet.
Purchased a few for myself and my children for scouting purposes - the needle moves smoothly (a requirement for any good compass) and it is stable. I highly recommend it as a basic compass, also because it is small, portable, and sturdily built.
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