OSH 0.00% $4.04 oil search limited

looking cracking, page-2

  1. 16,264 Posts.
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    I agree .. OSH has broken into new territory over recent weeks and looks set to continue. Its undervalued compared toits peers .. as you say QGC's reserves are way less than OSH and yet it is capitalised at $4.8b (versus OSH at $6.8). And if the LNG project commercialises 500 mboe of OSH's gas .. that will triple 2P reserves and triple production eventually. A major re-rating can be expected in the current climate and if it doesn't happen then the sharks will circle quickly IMHO. I'm back in at <$5.40 after being out for a while focussing on ESG (still in ESG but took some profit).

    H
 
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