OSH 3.29% $2.35 oil search limited

chevron asset purchase and price rise, page-15

  1. 2,076 Posts.
    re: please explain u bidding? Explaining myself - expect that the stock value will go to about 1.10-$1.15 HOWEVER they are taking into account the short term hit on the profitability - which BTW is negligible given the amortisation of the debt.

    this only increases the output by 20%

    HOWEVER the current value does not factor in future pipeline sales or the succcess of current drilling in Moran and Hides

    Look for blips over the coming days leading up till earnings. . . dont be afraid to hold till $1.05 - beyond there without an announcement it's in the hands o fthe gods

    PS - I hold a lot of OSH and have done since .69

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