big turnover 87 mill today -- a few more into's ge

  1. 6,584 Posts.
    lightbulb Created with Sketch. 2068
    OSH had a good trade today ......about 87 mill turned over ........ sure the stock has climbed from 60 cent level to current levels ....and undoubtedly we have seen profits taken ....... but remember MIM at 70 cents ........ eventually went back to pre Asain crisis levels of $1.40 ( and in a waek commodity environment ) .... LHG at 57 cents in 2001 ....is now $1.30 - $1.50 ......yet output and reserves have not changed ( just the price of gold !!!!!! ) .

    OSH looks to be the medium cap oil stock that will show a very good EPS ....and is likely to upgrade reserves quite significantly ....especially IF Moran 1 well comes in ......for my money we still have quite a bit of upside in the share price .....do your own homework ...read the reports ...and remember there was a time a while back when this stock was well over $2.00 .
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.