now that many got out @.06 and now .085, page-6

First 6 Last

Share
Profile

Follow
BrightGreenGlow

4,097 Posts.

368

02/01/18

20:52

Post #: 29994173
Share

Originally posted by BrookeCE ↑

G'day.
No takeover looms on this. Too much debt and too complex in nature to do a takeover that's not over the odds. This is a good trading stock that historically, you can map in the 20c+ range when the price of oil is above $80. It has had a few false starts in big runs since June 2017 when it bounced off 5c or thereabouts. If volume keeps coming in and it breaks 10.5c-12c range, should start to move well. A few little ones got going again today and buyers were taking what they could on the bid in the last hour of trade. HZN is one I got more of today. Have held SEA for a while and keep buying. When price of oil tanked, it followed the likes of ORG and BPT down. They have recovered nearly but these little ones still have a fair way to run. When quarterlies are posted end of month and speculators can see profit margins in new oil price range, they will hit it harder.

Good times Around the corner but no takeover IMO

Expand

It's all speculation. For my accounts you normally see more M and A activity when oil has it's day in the sun and Sundance would be a cheap target is all. If/when we see 100+ oil again we will be hoping there was no takeover.

SEA Price at posting: 8.4¢ Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

STN

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

SYR

Syrah jumps +19% as graphite tariff threat spurs optimism down under

BDM

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

HotCopper Highlights: Trigg; Droneshield; Lumos & more

DRO

History repeats for DroneShield investors but carnage so far subdued

AII

A new NASDAQ listing for a key player in the global critical minerals space

SER

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

First 6 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

now that many got out @.06 and now .085, page-6

Top Stories

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

Saturn brings up seventh straight Apollo Hill upgrade on 'impressive' 300-hole drill run

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Syrah jumps +19% as graphite tariff threat spurs optimism down under

Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices

Week 29 Wrap: ASX hits new all time high of 8,766pts ahead of Aug 1

HotCopper Highlights: Trigg; Droneshield; Lumos & more

History repeats for DroneShield investors but carnage so far subdued

A new NASDAQ listing for a key player in the global critical minerals space

Strategic Energy extends its QLD copper-gold frontier with Diamantina acquisition

Featured News