SEA 0.00% 16.5¢ sundance energy australia limited

Barrel Costs, page-18

  1. 5,624 Posts.
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    I'm wondering if a takeover may not be far off. The fundamentals are brilliant but the technicals are looking shocking. Someone may want to use that opportunity to take us over at around $1.50 if we drop much further, which I suspect we will in the short term. Or the fundamentals may be too strong to allow the price to fall much further, but there's a pretty nasty pattern setting up. Either way, the medium to long term looks great to me.
 
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