Just my thoughts, but do you really believe anyone is banking on "The Pipeline" going ahead? I reckon the current price of this stock has no premium added to it at all,how could a pipeline be factored into oilsearch's price at it's current price? Based on fundamentals etc, OSH is probably worth .80-1.00 in present form. I don't believe the pipeline will go ahead (my opinion only) and it would be wishful thinking to actaually believe that `story' any longer. Management(OSH) have been talking about `intense negotiations & advanced discussions' for so long, any good news is a plus to be sure. Something will happen sooner or later to this stock as the industry consolidates.
OSH Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
