OSH has all the ingredients to be rocking in this environment - record profit, unhedged with POO rising, some recent discoveries (Yemen and PNG) and a number of potential development projects for growth. Yet the sp languishes. Why?? The pipeline/no pipeline uncertainty of course. I'm in seriously having assessed that downside if no pipeline (but other gas develeopments) is not too serious, and upside is a major rerating. I like those odds!
H
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pathetic performance given poo
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