the tail continues to wag the head

You have to agree that there is oil in them hills! We just
had a few production and developmental issue. A little
secret the oil is still there. As they say behind the pipe.
Surely the penny flipper have sold because they believe that
the company is a total failure and they want out. A 20% drop
is quite amazing. You have to believe that this is strong buy because the 2nd and second half of 2017 is going to reach the 10k boepd as an exit rate. Nothing has changed except the clock is ticking a little slower, but still works.
Concerning the price of shares as mentioned in prior threads-
the currency price plays a huge factor in share price. As mention everything drop of oil in the USA, but the stock trades in AU as the parent when i reality the company should most
likely somehow change to a US company. The snde ADR is a very interesting trading vehicle that usually trades as a premium to the sea.ax penny and the AU dollar always is part of the price formula .
I personal bought snde because i have the time to wait for the next few quarter to get a bunch of free money. I panic on the buyside.
yours truly
naga