I beg to differ, I believe the market is having difficulty pricing SEA.
Although not in a straight line obviously, AUT's SP progressively rose upon oil production and land acquisitions, and was remarkably higher at comparable oil production numbers.
When you see pissy companies like MAD go way over a dollar based on producing dribbles and hype, SEA's SP is to me, underdone.
I'm waiting for that overdue re-rating.
Cheers
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