Sold down with the index and over done a bit. Can't see any other company in the sector performing better than estimates and still no demand. Happens when funds change weightings that great companies get sold and balance / momentum takes a while to return especially with the move away from oil by some massive USA funds. Part of the time of year as well. Funds getting cash for new IPO . well that is all the possible excuses and it is always hard top see wood for the trees but OSH has everything in place to get revenue and make profits and has undervalued exploration as the bonus. . Move in oil price with a few shale oil funding failures and others higher on the cost curve and we might get a bit more recognition. still we are in PNG and will always have the political risk
OSH Price at posting:
$8.58 Sentiment: None Disclosure: Held