Good afternoon tradersThis company listed recently at .35. Long...

Good afternoon traders

This company listed recently at .35. Long term growth is expected in their core business which is drilling fluids and related engineering service. Since listing have secured contracts with Santos and companies in India and have purchased a stake in Zeus Petroleum.

In sum has attractive exposure to oil and gas sector and is currently valued at .47 a share by my broker. Downside is the current unwillingness of the market to ascribe value to upstream assets.

I hold from listing and doubled holding at .225

Regards Rosee