SEA 0.00% 16.5¢ sundance energy australia limited

$260,000,000.00

  1. 142 Posts.
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    The most idiotic statement i have heard today! Know one trusts or believes in Eric? Really they just raised $260,000,000.00 for him to navigate! I really wish they would do a 100/1 reverse split instead of 10/1 that
    would lower us to 68 million shares and get totally rid of all the penny flippers. You wonder why we cannot move?
    2 reasons! Penny flippers with 6,800,000,000 shares outstanding, the weakness of AU dollar and lack of visibility
    in the US for ADR ~ SNDE
    No business in AU ( the tail) that wags the (head) in the USA
    One only can assume that there are US firms getting ready to recommend this extremely cheap Oil. Rem the asset will
    be re- priced soon by SEC regulations and that will add to the attractiveness of SNDE
 
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