SEA 0.00% 16.5¢ sundance energy australia limited

Assessing possibility of an SEA sale, page-63

  1. 4,928 Posts.
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    Day Traders getting out

    I think we will see a more sustainable move following OPEC decision (to cut hopefully) and then following the 30 day IP for the new wells - which should be released next week (30 days post most recent IP)...

    Last time SEA hit its low on 7 Dec 2017 of 5.3c, it rebounded to 10.9 by 15 Jan 2018. I think we will see history repeat itself, as SEA is a much more established business now.

    Just need OPEC to cut, and oil to keep flowing from our wells really.
 
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