SSN 0.00% 1.5¢ samson oil & gas limited

OBJ is definately high risk but also high return.Todays market...

  1. 137 Posts.
    OBJ is definately high risk but also high return.
    Todays market slumped in all areas. Partly because traders funds seem to be caught up in some over traded Biotechs like ADO,VLA etc. OBJ still holds some attraction on anticipation of its 3M ANN. But if it doesn't come through with the Ann by a certain date. Holders will be getting twitchy.

    SSN holds up as a good company in the oil play and its SP seems more secure over the mid term than some others. Although There was little immediate reaction to the Spudding ann be rest assured than when the money comes out of biotech stocks, that OIL and Uranium will become an attractive target.

    At the end of the day its about profit and the momentum behind the profit.
 
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Currently unlisted public company.

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