SEA 0.00% 16.5¢ sundance energy australia limited

Ann: BOARD UNANIMOUSLY RECOMMEND RE-DOMICILIATION AND US LISTING, page-327

  1. 6,945 Posts.
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    It’s stating the obvious - but the share price is clearly being artificially subdued due to imminent redom

    i don’t mind owning NASDAQ listed shares. The current situation therefore presents a potential buying opportunity

    All things being equal, I expect an upwards correction in the days following the new listing. After all, where will the short term selling pressure originate from? Anyone really wanting out is heading for the exits right now

    This assumes that we don’t see another steep correction following the listing date, which I suppose is a plausible scenario

    Regardless, I won’t be buying more until I see the QAR. The first week or so of Nov is when I will consider averaging down (18c avg atm)
 
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