SEA 0.00% 16.5¢ sundance energy australia limited

Fair call dgoransson, and a good analogy.I reckon it gets hard...

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    Fair call dgoransson, and a good analogy.

    I reckon it gets hard when you get to the point we are at now where we are breaking new ground. (Well hitting our head repeatedly on the ceiling as we are now)
    Everyone has their own indicators.

    Mine are: volume (stock has to trade), debt (preferably none), cashflow (present or imminent, or in bank), do not require further dilution, and are growing as a company with expansion models which create milestones and consequently flow of news.
    Once i am convinced of these attributes, I study the trading range, and pick an entry point. At that stage, i am similar to you, and if the SP tanks, will top up.

    I reckon SEA ticks my boxes. There was some dilution i was not expecting, but this was balanced with aggressive ramping of drill program, so remain happy.

    However you look at SEA, TA or fundamentally, the future looks rosy.

    Cheers


 
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