OSH 0.00% $4.04 oil search limited

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

  1. 5,843 Posts.
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    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 .
 
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Currently unlisted public company.

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