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Sundance Energy Australia Limited Message Board

  • pfighter_2000 pfighter_2000 Apr 1, 2013 11:27 AM Flag

    Question about DEJ

    DEJ posted another loss in 4th quarter of 2012 due to low NG prices. Now NG prices are on the rise and first of three Kokopelli wells was completed. Do you think first quarter will profitable? My avg cost is a about 0.32. Should I sell my shares and get out, or hold and hope dej can turn it around? I don't want to post my question on dej board, because people there either pump the stock or bash it. I feel like I can't get a straight answer there. I apologize in advance for asking dej question on Sundance Board.


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    • Pfighter

      You are making a classic mistake. No one likes a lose but sometimes it is simply best to accept it and move on.

      Ask your self a this questions. Going forward over the next 12 month is DEJ your best investment for these funds or are there better opportunities? Answer that question honestly and then make your call

    • I had been a long term holder of dej. Empty dreams and broken promises. I read the annual. I see more dilution .... I see it in June as they announce koko well results and get everyone all giggly and then issue shares, I would'nt touch them with a ten foot pole. Buy iona tomorrow and start to recoup your money. then hold and wait for Orlando and or keep your souvinars and buy Sundance for a slow steady crawl. Your choice but dej is desperate! I don't want desperate! Good Luck with your choice!

    • I'm a holder as well. I won't sell any until it either goes belly-up (which I highly doubt) or the price exceeds my cost average (currently about 0.27), and then will just sell enough to reduce risk and bring it in line with my other investments. I expect great things down the line, but understand that could mean waiting quite awhile.

    • pfighter , no apology needed , hopefully the majority of us here are trying to be helpful to eachother .......I really dont follow DEJ other than watching the SP for a number of years and reading the MB hit and miss and as you know it's been either flat or down seems like forever ......I am sure someone here would be more helpful .... for my 2 cents any company that concentrated in Nat Gas is going to be a long hold ....Nat gas up on cold and longer than normal winter this year. your buy in price doesn't look to bad , would be my guess that .19 might be a bottom for DEJ but hopefully some more informed folks will chime in .... good luck to you

      Sentiment: Hold

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