SSN 0.00% 1.5¢ samson oil & gas limited

traders abound - p & d will be evident, page-3

  1. 6,591 Posts.
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    insiong, when SSN was trading in the 5s the stock was at nigh on cash backing value and it was 2-3 months ago that I calculated the company's EV to be about 8.5cents per share. Since then our continued production will have only bolstered that figure. In my opinion the last few weeks has seen SSN rerate to a fair value, thus, if there was any retrace, it would only be minimal. I'm just happy to see that the market is waking up to what SSN is really worth. My target of 15cents by July looks like it will be blown out of the water.
 
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Currently unlisted public company.

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