SEA 0.00% 16.5¢ sundance energy australia limited

Quarterly Production Numbers Closest To The Pin, page-41

  1. 13,972 Posts.
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    I agree with your sentiments regarding more significant coverage, but perhaps they are listening to supporters of "The Bull".

    SELL RECOMMENDATIONS
    Sundance Energy Australia (SEA) CHART Chart:
    Share price over the year versus ASX200 (XJO) Crude oil had a very lacklustre bounce relative to other risk assets and continues to appear vulnerable. Excess oil supply from US unconventional sources is killing the oil price. US crude oil production has more than doubled since 2008. Sundance Energy is fully exposed to US unconventional oil and is leveraged to the oil price. The company is currently cash flow negative on high capital expenditure.
    END.

    I can remember during the AUT juganaut there were articles stating the same all the way up only to look very stupid shortly after. Let's hope this happens again.

    Cheers.
 
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