SEA 0.00% 16.5¢ sundance energy australia limited

thoughts on the bottom?

  1. 337 Posts.
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    Courtesy of condog at ASF:

    Euroz put out an updated Target/valuation on SEA last week of 80c, they where very positive about SEA going forward with its accellerated program imo.

    Also mentioned here by topgear;
    http://www.hotcopper.com.au/post_single.asp?fid=1&tid=1309066&msgid=7369722

    I can't access the Euroz valuation to verify myself.

    But, what are peoples thoughts as to where this will go in the shorterm, and what the bottom will be?

    I am thinking may drift to .52-3ish temporarily owing to dilution and negative sentiment attached to CR's. Also thinking the insto's are sure to sell off and making a tidy profit.
    This is provided there are no major announcements IMO. Fridays announce didn't seem to alter the current trend.

    Cheers and good luck to all.

 
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