OSH 2.16% $2.84 oil search limited

very good quarterly -

  1. 3,432 Posts.
    lightbulb Created with Sketch. 320
    OSH relaesed their quarterly repoirt yesterday - I'm not sure you could ask for a better one ...... the've effectively swapped their gold assets for oil assets ( ref buyng Chevrons stuff ...and selling out of Porgora ) ...the cost per barrel of reserves they paid for Chevrons stuff was about $5.00 and based on the increased revenue this would be fully paid for within 24 months and still with 80 % of the capital left in the ground ( thats like buying another oil stock- with reserves on a p/e of 2 ! ) .......as it is the Porgora sale will effectively fund this .....reserves are up , sales are up, volumes of production are up .......and of course they have a few containers of mirrors and beads ...just in casr the locals get twitchy. So don't worry about the gas pipeline .......the stock is worth $2.00 without it .
 
watchlist Created with Sketch. Add OSH (ASX) to my watchlist
(20min delay)
Last
$2.84
Change
0.060(2.16%)
Mkt cap ! $5.901B
Open High Low Value Volume
$2.80 $2.84 $2.77 $17.60M 6.268M

Buyers (Bids)

No. Vol. Price($)
6 151039 $2.83
 

Sellers (Offers)

Price($) Vol. No.
$2.84 342064 18
View Market Depth
Last trade - 16.10pm 23/09/2020 (20 minute delay) ?
(live)
Last
$2.84
  Change
0.060 ( 1.94 %)
Open High Low Volume
$2.80 $2.84 $2.77 1739237
Last updated 15.59pm 23/09/2020 (live) ?
OSH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.