OSH 5.06% $2.70 oil search limited

turnover and buyback increasing!

  1. 3,137 Posts.
    lightbulb Created with Sketch. 49
    Big turnover yesterday - do not know what the buyback was, but the day before it was around 4 million - hopefully this gives a bit more reassurance that the company has belief - maybe good news coming or the quarter is going well.

    Oil price still at a good level, dividend on its way and consolidation in the commodity sector.

    As previous posts have suggested - sit on this one and providing no political unrest and major problems in PNG , then hopefully its true value will be recognised in the years to come. Once the buyback has been completed, the PE should be less than half of what the sector is.

    The only problem with sitting on a stock, is the opportunity cost - but maybe the devil you know!

    As mentioned previously, surely the art of stock picking is choosing those that are unloved and low prices on fundamentals - this is unless you are trading.

    Come on OSH, come clean with the pipeline and lets get it out of the way.

    Cheers

    Mike Salad
 
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Last
$2.70
Change
0.130(5.06%)
Mkt cap ! $4.116B
Open High Low Value Volume
$2.68 $2.80 $2.62 $75.16M 27.82M

Buyers (Bids)

No. Vol. Price($)
1 1000 $2.70
 

Sellers (Offers)

Price($) Vol. No.
$2.71 1200 1
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Last trade - 16.10pm 10/04/2020 (20 minute delay) ?
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Last
$2.73
  Change
0.130 ( 6.65 %)
Open High Low Volume
$2.70 $2.80 $2.62 3631739
Last updated 15.59pm 10/04/2020 (live) ?
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