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16.5¢ sundance energy australia limited

Ann: BOARD UNANIMOUSLY RECOMMEND RE-DOMICILIATION AND US LISTING, page-132

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strawb1a

796 Posts.

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14/09/19

08:48

Post #: 40420749
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Originally posted by chris6: ↑

it's not even weak it's pointless you can't compare and this is just trying to find faults when there isn't any. I'm really sick of this argument.

nothing in the business has changed. we are just seeing some Australian holders having a cry because they can't hold it or to tight to pay any cost of holding a us stock. whatever the reason is it's pointless.

I'm very happy there moving and I'm voting yes. I think any business that goes Into a bigger world and has better opportunities is great. if you look at the months buys and sells most of it is coming from commsec.

this is why they want to move off to get larger money and better exposure then having retail traders dictate where the SP goes. this will NOT move higher without larger holders. the only reason why this moved from 5c to 10c is because Morgan's network and there insto arm was buying..

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Am I wrong or is SEA trading well below its asset value? Most stocks trade well above their NAV. Do the board think that the USA move will see their assets valued more to their real value? If that is the cae then I am in favour of the move.

SEA Price at posting: 19.0¢ Sentiment: None Disclosure: Held
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