OSH 0.00% $4.04 oil search limited

nw moran - digimu reservoir flows at 3,500 bopd, page-4

  1. 9,338 Posts.
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    Confused a little bit with the non movement and volume as well. They now have casflow coming out their ears and will pay it out if the pipeline doesn't go ahead. Is the price relative to no takeover pressure now as they have cash and could do buyback to protect themselves etc. The only worry is the PNG semi govt stake and where it could end up as everytime the price looks good the same old stories / rumours go round. Can't believe their iusn't a bidder in the wings waiting as always with OSH but what will be tthe trigger and will it be in the next 12 months??
 
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Currently unlisted public company.

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