SEA sundance energy australia limited

P O O & SEA

  1. 5,380 Posts.
    Back in again now, reckon this is exc buying at mid 40s, can't go wrong imo at these prices

    Out of interest, was reading Resource Speculator this morning and they seem to think strongly that POO is heading back up to around the $70 mark by late August and we're very close to the bottom rung right now

    Not allowed to reprint article on HC, but basically they're saying 'given the net positions and the supply and demand outlook that crude looks primed for another short term rally'

    If that's the case, this will rocket, only time will tell, but will be looking with interest to see if this pans out as they predict

    Whatever happens i still think this is a solid buy atm..
 
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