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0.00% 16.5¢ sundance energy australia limited

But if you believe oil prices will eventually recover back up to...

  1. daniel99
    445 Posts.
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    10/02/16
    09:46
    Post #: 16982687
    But if you believe oil prices will eventually recover back up to say $60 per barrel then it is pretty cheap. Given the current EV of the company of say $US220m, the future sale value of the oil that is already flowing as at today along with the value of the hedges it doesnt leave much value in the price for the actual 40k acres of leaseholdings and future de-risked well locations.....
    SEA Price at posting: 7.3¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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