SSN 0.00% 1.5¢ samson oil & gas limited

XinIm a little surprised to see the SP staying around these...

  1. 470 Posts.
    Xin

    Im a little surprised to see the SP staying around these levels when results are imminent with SOA and the Defender wells, especially as we now have 2 rigs on the go.

    If we were in a bull market things would be very different but with fragile markets around the world investors need to see results. With oil prices on the move SSN has a lot of ground to catch up.

    There ist too many companies who have several opportunities to make substantial gains in such a short period of time, and it will only take one of their projects to be successful to have an impact on the current SP, as i believe the market hasn’t factored in positive results.

    GL Matsim
 
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