The market is now turning to madness, and prices of so many stocks have jumped significantly ....... blue chips are galloping off , mainly on sentiment , and house prices have doubled. .
Eight years ago OSH was well over $2.50 ..... ( and probably inflated at that ) ...but the last 2 half year reports have recorded continuous production and profit reports - with the last half being about 65 million $aus .
The last half released on friday reported earnings per share at 5.7 cents ... and with output still increasing the next half is likely to be 7-8 cents.
Oil reserves are increasing at a greater rate than production depletion ...with the latest Moran 1 well looking likely to add another 10 % to the 120 million barrels of provan reserves.
The company's stated resource of Gas and Oil is over a billion BOE .... and as time goes by more of this is likely to become reserves.
Debt is a pretty nice 10 % to equity - and the 20% of Porgera Gold could yield them in excess of $100 mill cash .
You've got all that ....now look at the 10 year graph of the share price, ......its barely comming off the bottom ...... so any investor interested in value will see that $1.50 is an easy price target ...and considering there aren't too many mid cap resource stocks around ..this one fills the bill nicely.
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Last
$4.00 |
Change
0.000(0.00%) |
Mkt cap ! $8.311B |
Open | High | Low | Value | Volume |
$3.99 | $4.04 | $3.92 | $34.08M | 8.525M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 207671 | $4.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.01 | 17399 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 207671 | 4.000 |
13 | 286588 | 3.990 |
14 | 213250 | 3.980 |
3 | 64973 | 3.970 |
4 | 32473 | 3.960 |
Price($) | Vol. | No. |
---|---|---|
4.010 | 15899 | 5 |
4.020 | 164701 | 8 |
4.030 | 241402 | 10 |
4.040 | 187950 | 17 |
4.050 | 117571 | 11 |
Last trade - 16.10pm 14/04/2021 (20 minute delay) ? |
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Last
$4.01 |
  |
Change
0.000 ( 0.24 %) |
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Open | High | Low | Volume | ||
$3.97 | $4.04 | $3.92 | 2364465 | ||
Last updated 15.59pm 14/04/2021 (live) ? |
OSH (ASX) Chart |