OSH 3.35% $5.49 oil search limited

buyback gaining momentum!

  1. 3,122 Posts.
    lightbulb Created with Sketch. 41
    the buyback is gaining a bit of momentum but this may surely to stem the flow.

    i have to admit the stock is looking very bleak and in the short term, there does not look any upside - the pipeline looks more like a pipe dream and the fund managers are losing interest.

    I reckon this stock has to survice on fundamentals in the short to medium term, until it becomes so stupidly priced that someone snaps it up - whether this would be over the dollar mark, who knows.

    Give us the dividend in the meantime to appease us.

    Cheers

    Nick

 
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