OSH 2.05% $3.82 oil search limited

calm before or after the storm?

  1. 16,040 Posts.
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    Very quiet trading in OSH today so far after the strong rise an buying of the last few days. Spudding of the Moran well yesterday may account for some of the interest and volume.

    Once again we wait for news on the pipeline after another false start caused by the PNG government getting excited about Comalco signing and a go ahead being imminent.

    There have been over 250 million shares traded in the last month or so and only 47 million were the buyback. Even if many were simply traded (churned) that still leaves around 100 million that someone has bought in 1 and 2 million bites. I haven't seen this sort of accumulation in a long time - it could point to a takeover once/if the pipeline gets up.

    Any thoughts?

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Mkt cap ! $7.937B
Open High Low Value Volume
$3.80 $3.84 $3.74 $36.51M 9.613M

Buyers (Bids)

No. Vol. Price($)
5 205516 $3.82

Sellers (Offers)

Price($) Vol. No.
$3.83 26944 2
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Last trade - 16.10pm 21/04/2021 (20 minute delay) ?
-0.080 ( 1.71 %)
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$3.80 $3.84 $3.74 2666802
Last updated 15.59pm 21/04/2021 (live) ?
OSH (ASX) Chart
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