SEA 0.00% 16.5¢ sundance energy australia limited

p.s. re p.s., page-36

  1. 2,661 Posts.
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    It could be a large holder selling. A couple of years ago Xstrata (from memory) were dumping MEO very cheap. Once that selling finished MEO moved up 600% or more from those lows in only a few short months. From where I am sitting, the fundamentals of SEA have not changed, but for me, it has de-risked from where it was 12 months ago.

    I wasn't intending on holding thru the Niobrara drilling, but its not worth selling now. Regretting not following the directors out at .75. Them the breaks though.
 
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