No surprises here for mine. As such, will be waiting to see what happens as we approach the new FY; we haven't smashed through the current support level or anything like that. There is some more downside that could be had, though it is impossible to predict what will happen next as this is very irregular trading IMO and the tightly-held nature of SEA is always going to exaggerate chart movements (not to be underestimated with SEA IMO). I picked up a swag in the 60's and will hold for now and look to buy more if my next target is met. I'm starting to wonder if oil price is heading for a big drop on the back of a couple of different things I've been researching... Probably not as some of the other comparable players are not as far down as SEA and it may just be profit taking, currency concerns, inflation control, debt reduction measures, and slowdowns associated with some of these that impact upon demand.
- Forums
- ASX - By Stock
- Ann: Production Update
No surprises here for mine. As such, will be waiting to see what...
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SEA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online