SEA 0.00% 16.5¢ sundance energy australia limited

do management want to get share issue away ?, page-7

  1. 56 Posts.
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    Whynot,

    Might not have any acquisitions lined up..... That we know about, but it' s clear that they are looking as mentioned in previous reports. Current focus appears to be drilling drilling drilling and excellerating increases production.

    http://www.bloomberg.com/news/2013-06-17/sundance-energy-will-look-to-acquire-more-u-s-shale-assets.html

    Article titled: " Sundance Energy Will Look to Acquire More U.S. Shale Assets" -

    "Sundance Energy raised A$48.1 million selling shares and plans to use the proceeds partly to accelerate development in the Eagle Ford, it said May 31. The company had about $145 million of cash at the end of March, it said this month."

    ...... " Partly"...... Makes you wonder :-)

    Keep adding to those production rates, keep increasing potential with acquisitions and I have no qualms riding out the current share price- fundamentals only keep getting better. Nice work to the management team- wish I felt as comfortable in all the other shares I have.... Or had some cash on the side.

    Good luck to all the long term holders as the increased results get better and better in the next few months

    IMHO
 
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