OSH 0.00% $4.04 oil search limited

Hi nkarp,OSH did drop like a stone when AGL pulled out of the...

  1. 489 Posts.
    Hi nkarp,

    OSH did drop like a stone when AGL pulled out of the pipeline! My point is that this is artifically low even on OSH fundementals without the pipeline. If the decision is made it won't go ahead I think (perhaps after a knee jerk initial drop whoich will provide another buying opportunity) the market will see a very solid business producing good earnings with exploration potential etc.

    I still think the pipeline will go ahead and the MIM agreement is another step forward. Either way I think at current levels the stock is cheap and it will rise which ever way the decision goes.
 
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