OSH 1.12% $7.24 oil search limited

relentless buying continues after consolidation

  1. 15,860 Posts.
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    The big buyer(s) are back after a day or so of consolidation. All the news on OSH seems to have been good lately (operatorship, majority interest in new HOA for gas developments, increasing production profitability, Moran drilling on track again), and the market is expecting a very good second half profit. Even though the pipeline seems unlikely now it may be that the "parrallel developments" of gas reserves mentioned again in yesterday's release is what's behind the recent buying. Confidence seems to be growing that the potential upside of OSH's gas reserves will be realised perhaps by liquid stripping intitially with a pipeline option further down the track.

    H
 
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Last
$7.24
Change
0.080(1.12%)
Mkt cap ! $11.03B
Open High Low Value Volume
$7.21 $7.31 $7.21 $20.43M 2.816M

Buyers (Bids)

No. Vol. Price($)
7 124272 $7.23
 

Sellers (Offers)

Price($) Vol. No.
$7.25 47687 4
View Market Depth
Last trade - 16.10pm 22/11/2019 (20 minute delay) ?
(live)
Last
$7.23
  Change
0.080 ( 1.34 %)
Open High Low Volume
$7.22 $7.31 $7.21 549120
Last updated 15.59pm 22/11/2019 (live) ?
OSH (ASX) Chart
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