OSH 0.00% $7.40 oil search limited

why sell out now

  1. 524 Posts.
    This posting is not intended to talk down OSH as I've got a truckload of them so I'm just as keen as anyone to see the price continue to increase.

    What troubles me however is why would Woodside sell their stake in OSH for 83 cents when their is a very good chance that the price might soon be $1.00. It would appear that Woodside don't believe this will happen or they wouldn't sell at this time. Of course they might want the money raised by the sale for something else and simply take the view that a bird in the hand etc.
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