SEA sundance energy australia limited

your regulator's are overly paranoid

  1. 142 Posts.
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    SEA has only responded in share movement like most other Oil related issues worldwide!
    The AU dollar has also shown some strength and most importantly SEA was and remains
    extremely oversold.
    Sure the debt overhang is an issue, but if you take into account the P1 of around 30 million barrels and assume we sell the company @ $12/barrel - that comes out too $360 million-the 200 million= $160 million divided by the 550 million shares outstanding - yields around .28 US not AU The US quote is around .10/sh- so you see the upside is huge! This figure does not even
    take into account P2 or P3!
    Oil was up huge on Friday so it only natural that SEA will have a nice move in AU on Monday which is going to happen within hours.
    The management team of SEA is A+ and they will weather this bust and either grow us into an even stronger company or sell the company and reward patient investors. Please keep in mind
    that they did not create this situation and that worldwide every Oil company is dealing with this situation.
 
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