OSH 2.96% $3.82 oil search limited

holding up!

  1. 3,301 Posts.
    lightbulb Created with Sketch. 89
    Well OSH had a good day - holding up and maintaining reasonable volume.

    They really have to get the pipeline finalised one way or another - it does not bode well with the company buying shares at the moment.

    The company representative said there are two main accumulators - one domestic and one overseas.

    When you realise that this company has the majority of the oil business in PNG it shows it has a huge potential for takeover and as for sovereign risk - the country has huge incentives to maintain viability for OSH to operate there.

    If it falls to mid 60's it is certainly worth buying - I would be interested if anyone has any serious reservations regarding OSH and what could be a big downside - on fundamentals and technicals its looking good and with a dividend as well.
 
watchlist Created with Sketch. Add OSH (ASX) to my watchlist
(20min delay)
Last
$3.82
Change
0.110(2.96%)
Mkt cap ! $7.937B
Open High Low Value Volume
$3.74 $3.83 $3.70 $20.86M 5.493M

Buyers (Bids)

No. Vol. Price($)
2 17250 $3.81
 

Sellers (Offers)

Price($) Vol. No.
$3.82 156772 3
View Market Depth
Last trade - 16.10pm 14/05/2021 (20 minute delay) ?
(live)
Last
$3.83
  Change
0.110 ( 3.34 %)
Open High Low Volume
$3.73 $3.83 $3.71 1079930
Last updated 15.59pm 14/05/2021 (live) ?
OSH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.