Was reading an article about OSH and last paragraph stated following:
"The company's share closed up three cents at 98 cents after slumping six cents on fears its long-awaited PNG gas pipeline to Queensland could be on the backburner again after comments made to that effect by industry officials."
I have held OSH in past and would think about them again. Despite not relying on the project going ahead, as soon as confirmation came through that it wasn't, u wouldnt be able to sell quick enought. The price will plummet. I dont think it should or deserves to, but you'd be kidding yourself to think it wouldnt.
It's a very risky stock to be involved with.
Does anybody know the comments which the article are referring to?
Thanks.
OSH Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held