Mate , Sorry there is no point in keep this conversation, it...

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Rod_Valens

1,400 Posts.

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03/02/16

01:41

Post #: 16927205
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Originally posted by WhiteNoise ↑

No idea who REL are.

And who cares about comparison such as this.

SEH must have come on the scope of traders who like to play the bounce after such a big fall.

They don't care about the fundamental of the underlying company. Purely technical trading.

Nothing wrong with that.

So let's look at SEH board Performance

Do we have an ASX correction on how SEH has drilled 1,161 horizontal wells

(isn't that fantastic news that SEH has drilled so many horizontal well with such high flow rates and you never knew, must have been a secret squirrel business. wow)

Complete rubbish and totally miss informing the market in my view.

or details on the commercial threshold.

You have to wonder if the board and MD have any idea what this number is. Oh yes they do as they knew that a well in late November was flowing above that threshold.

The problem is do you know, did they inform the market

Two months later the answer is still

Nothing.

meanwhile we will not mention that possibility of exceeding the commercial (Unknown) threshold on any well test result in any further ASX release.

Not true I hear u say.

Thus in my view the credibility of the board is just getting further reduced in my view.

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Mate ,
Sorry there is no point in keep this conversation, it isn't going anywhere, please dont take it as a personal ofence, but we are probably not adding any additional value to this thread. I won't post any additional comment as I don't want to monopolize people's time reading the same old arguments.

Cheers to everybody and I will be back once the payment issue is resolved, if not resolved then it will go to the tax man as CGT loss .

Last edited by Rod_Valens: 03/02/16

SEH Price at posting: 3.2¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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