SEA 0.00% 16.5¢ sundance energy australia limited

Ann: BOARD UNANIMOUSLY RECOMMEND RE-DOMICILIATION AND US LISTING, page-172

  1. 4,796 Posts.
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    If you like to sleep at night how do you actively trade SEA when it is only on a US market .
    As I posted previously the timing was all wrong , SEA had bottomed and was building momentum and momentum players coming on board .
    Imo it would be up to 30 c now if they had waited .
    The strategy was set and it was working , all they had to be was patient .
    It is a nightmare to me if the motivation to move to redomicile is easier access to loan funds and script based purchases of other businesses .
    I think that the BOD made the decision in frustration because the
    Market did not love them , but you only have to look at a 5 year chart to understand the Market's scepticism .
    You have to earn the love with the business performance and they are on the cusp of doing that .

    Posters who think the move is a magic bullet for higher prices I think are in the same frustrated mindset .

    The timing is wrong but no use complaining because the damage has been done .


 
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