SEA sundance energy australia limited

the real investor in SEA

  1. 142 Posts.
    lightbulb Created with Sketch. 4
    most lose money in the market because they have no patience or they lack ability to realize what they have because they only hear the white noise and talking the heads that most likely know even less. The jockey "Eric" has led this company for many years and i was not his fault that oil fell from $100 to $26 WTI. It was not his fault that it has lasted for 3 years and the diluti!on has been terrible.
    We are still alive when you consider that many are now owned by banks and funds.
    We are still breathing and now growing! Yes the stock is
    a disaster and it has been painful and many that had been over exposed in the O&G arena have gotten destroyed.

    We will be rewarded in my opinion -the reason is that world wide CAPEX for exploration and development has fallen way behind the curve and we will suffer within a period of a couple of years when the demand cannot meet the demand. It must be very stressful for the management team to see their stock trade for a few pennies instead of dollars when you consider the amount of time investing in SEA
    I first got involved in the US (sdcjf) when there was only 160 million shares outstanding and production was around 1000 boepd, now 1.2 billion shares and currently 6000+ boepd and ramping up to 10,000 within a few months.
    If you and i can hold on and the market become bullish because there is just not enough supply a huge reward is potential out there. I think we will eventually be sold. that is the way it is in the oil and gas market place. The big fish eat the little fish. In the US in either buy sdcjf or the ADR snde depending upon the price at the time of purchase. I have lost a lot of money and continue to average down and down and down some more because if i don't there is little chance of recovery or real gains.
    I think eventually SEA will be reverse down and will not play a dominate force as it has in the past because SNDE is sucking paper out of AU. It only make sense that Sundance should trade in the US because the business is in the US! The AU investor is very different than the US investor especially the thought about debt .
    Regardless, I am devoted to invest in SEA or in the US sdcjf or SNDE because i believe in Eric and i believe that oil will rally one of these days above beyond the herds opinion.
    My best adventure in AU was when i flew into Perth flew to Darwin and Chartered a copter and flew to the the crocks(20ft) and floated on a small 10ft boat take pics while they had the idea to eat me. Great adventure that i will never forget
    yours turly
    bill
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.