SEA 0.00% 16.5¢ sundance energy australia limited

Ann: June 2012 Operations Update , page-24

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  1. 556 Posts.
    This will go down as an excellent buying opportunity (for SEA in retrospect, IMHO. Fundamentals are solid, and if anything, the news we've had might at worst have justified a drop from ca $1.20 back to ca $1. At current levels, non-issues for mine.

    Dow just breached 13,000, so a rally to XAO 5000 by end of year is on for mine. Only thing that can stop it will be unexpected news from Europe, or Dow dropping below 12,000.

    This may sound too simplistic, but the fact is that markets do at times trade at a discount.

    On a final note, I would like to acknowledge the sp commentary of Mountain Man. He has been quite accurate at picking the short-near term trends. Well done.
 
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