i have really no way to gauge this stock. i should have never bought this @ its peak. this was not one of my better judgement.
this has come down much more than the others ... oil price.
You are right in the fact that Sundance is not performing well . This gives you the chance to add at a much cheaper price to bring your cost average down. As far as the other oils,there are quite a few that are performing worse than Sundance. Oh,and who here sold there 100,000 shares today?
Consider the weakness a benefit of owning an Australian stock that trades on the ASX. Aussies trade for pennies, pretty much just ignoring long term potential, assets, etc. Eventually this will come to an american exchange, then things will surely change. Just be patient.
Frustrating, yes, but an opportunity to add to a solid stock.
Hold on, and GLTA
well your timing may have been off, but your investment here is not. I put in a bid at .69 this am, went out and mowed only to see some one game me their shares at .69! I`ll take em. glty and hang in here, you will be rewarded.