OSH 3.02% $3.07 oil search limited

very good quarterly -

  1. 3,398 Posts.
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    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 .
 
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Last
$3.07
Change
0.090(3.02%)
Mkt cap ! $6.379B
Open High Low Value Volume
$3.03 $3.08 $3.02 $23.67M 7.749M

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No. Vol. Price($)
4 188524 $3.06
 

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Price($) Vol. No.
$3.07 186455 12
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Last trade - 16.10pm 06/08/2020 (20 minute delay) ?
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Last
$3.04
  Change
0.090 ( 1.96 %)
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$3.03 $3.08 $3.02 2564734
Last updated 15.59pm 06/08/2020 (live) ?
OSH (ASX) Chart
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