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Sundance Energy Australia Limited Message Board

  • koroundiii koroundiii Nov 2, 2011 10:34 AM Flag


    All the other oil stocks I am watching and some that I am into are all up today, But Sundance is down. Looking for some positives, but it seems the market and so many are negative in regards to this stock. I hope we get a boost here soon!

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    • This is a good position to long- Be patient my friend.

    • KOR , I am as frustrated as anyone , but the only real negative for me is the Aussie investors , I am not sure that the company can do much better than they have over the last 6-8 months , analyst target price is MUCH higher than todays .... the Aussie market in essence responds to our markets so if today is down then tonight they will in all likely hood be down , unfortunately we cannot decouple from the ASX and run on our own , as for me I'm sitting on my shares and adding when possible ... good luck to you and others

    • Just a reminder of what we have here.
      From the latest Q3 release
      Revenue is up, production is up over 1000 boepd in Sept.
      Expect between 1200 to 1400 boepd by years end.
      20 million cash in the bank
      ) debt and 100 million line of credit.
      Drilling and fracing new wells at multiple locations.
      Added 1300 new acres
      Increasing WI in wells going forward.

      I'm adding all I can at these prices.