SSN 0.00% 1.5¢ samson oil & gas limited

amex

  1. 1,899 Posts.
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    Some nice early volume of 140K and up .04 to 2.85 after 20mins. Perhaps some of the Petrohawk TO is going to put the shale gas and oilers under the spotlight.

    Whilst we are not into gas, BHP's decsion to buy at a time that gas prices are low and petrohawk has limited profits due to the low gas price is a vote of confidence for the US economy in the future which will benefit SSN.

    Also of interest is the possibility of interest rates dropping in Aus which will help the sp here. To think some idiot economists where predicting multiple interest rate rises later this year and an 1.40 and above AUD lol.
 
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