SEA 0.00% 16.5¢ sundance energy australia limited

Waiting for 2016

  1. 1,137 Posts.
    SEA is a great company that has done well, but I can't see any respite in the oil and gas space until 2016. In my view the pain will continue until mid 2015 at the earliest when OPEC meet again. Until then, the POO and negative sentiment is killing this and other oilers. I've pulled the pin in favour of a very nice silver/zinc/gold stock that has much better prospects over the coming year.

    Bit of a shame to see such a great company butchered. Looking for a re-entry later in the year, hopefully with some profits to play with.

    For long, long term holders, I am sure in years to come, things will return to normal and SEA will reach new heights. The next six months in my view though will not be any better than the last six months. Best of luck to all.
    Last edited by DrDann: 27/01/15
 
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Currently unlisted public company.

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