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

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BrightGreenGlow

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02/01/18

20:52

Post #: 29994173
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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

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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
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0 Great analysis

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

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