SSN 0.00% 1.5¢ samson oil & gas limited

the niobara acreage is not proven, page-41

  1. 14,981 Posts.
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    sandys I understand your frustration
    Having moved my position to my smsf recently I am less concerned finally, with ST fluctuations

    SSN's inability to break out of this ridiculous 13c to 14c range whilst every dog in the market keeps moving on nothing substantial is still annoying, but I think we are getting closer to being rerated to fair value

    Had coffee with a few mates and a broker last week and gave a heads up on the stock, so you never know what might happen, and one at least knew a bit about them.
    One suggested it could be getting capped by brokers leading up to new news, which is obvious to us probably.

    I reckon it could be, but then it could also be buyer hesitation to buy above 14c due to historical moves, and on the same side, sellers not willing to sell at 12.5c or lower

    LT it is a no brainer, ST it's got a bit of work to do but news coming in the coming months should do the trick, and a technical breakout would help
 
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