OSH 0.00% $4.04 oil search limited

TP=$3 long term?

  1. HSP
    5,051 Posts.
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    I am not joking, long term TP=$3 if have a look, STO, ORG
    on 22/10/15, STO rejected offer $6.88 per share
    now SP=$3.31 less than 2 months

    in 2008, ORG rejected $15.50 BG' offer as the management said it was too cheap
    now SP=$4.98

    in Sep 2015, OSH rejected WPL' offer as the management wanted more, SP reached $8.33
    today, WPL gave up
    SP dived 16%
    would be many down days to come but may not drop so big for a single day

    slowly go to $2 or $3 like ORG

    (Do not take my view as I am holding short positions)
 
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