SEA 0.00% 16.5¢ sundance energy australia limited

One could slow trade this stock very successfully at the...

  1. 556 Posts.
    One could slow trade this stock very successfully at the moment...

    I'm in as an investor, but it would have been easy off 10...

    Only good things to come IMO. Getting into the 20's should be well possible this year, and most certainly within 24 months (higher still). My justification for this is delineated in past ASX releases and reports from SEA (position/capabilities - financial + technical vs implementation).

    Downside risks have been covered by other posters here, and with speccies there is always the general market condition (incl. sector) to consider. Would buy more (already holding a decent whack), but have capital tied up in 2 gold stocks that will most likely come good within 24 months regardless of whether gold falls to USD750. SEA is quite robust at the current trading range in the current market, and to me this is consistent with it being undervalued.
 
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