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OSH $8.57

post - no pipeline!

  1. paradigmshift

    2,943 Posts.
    what are the possibilities with oil search, supposing a pipeline does not go ahead.

    macquarie - not necessarily a avid follower still valued at 70c +.

    Have they got sufficient drilling prospects to profit next year from an iraqi war and higher oil price - with the merger last year with the other oil company, it is a likely takeover target for someone like Santos or are these remours just wishful thinking.

    I do not worry about losses anymore - just need to get my earning capacity up and get back to good old saving and some dollar cost averaging while the market is down - very grim times!

    your detailed thoughts on this stock appreciated and unbiased ones even more so.


    Mike Salad

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