SEA sundance energy australia limited

Gap at 15-16c - filled inside 12 months?

  1. 6,020 Posts.
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    Hi ... I'm returning to SEA after a long "holiday" and thought I'd raise an interesting aspect of recent SEA trading.

    I personally like the fundaments after the raising and new acquisition ... I also expect that oil will start to rise again after ISIS loose more territory (if they do) as they must be assisting to keep the PoO down. And many of the early frackers will be exhausting and not being replaced with PoO down here.

    So ... I've bought a few as a trade for sentimental reasons and just wanted to explain that I'm picking that gap between 15 and 16 cents to fill inside 12 months.

    Let's see if I'm right for a 50% return.

    Regards
 
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