SEA 0.00% 16.5¢ sundance energy australia limited

i think the next 6 months will tell us the story more.there was...

  1. 2,558 Posts.
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    i think the next 6 months will tell us the story more.

    there was alwys going to be a clear out but the volume the other day 63k was very high and liked to know more about that ie who sold

    could be something odd in that or could be nothing but volatility is always going to come into play when the stock is a bit illiquid at moment. Only need one buyer with 1000 shares and it will be back to 17 in very short order.

    I still like the redom as made some coin (realised) and my average has come down a lot just i never like seeing a stock go down 30% in a week in this case more due to liquidity then anything else. But snde will need the whole sector to pick up to get to the 35$ at some point during 2020 - still supporting this barring and corp action or disaster.

    I will buy another parcel at this price with view to sell at 30% profit -
 
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