Sir:
"Every time Oil Search Trades above $7/share there is stampede to sell, race to who gets out first. Some reason or other Big Fellows/Fund Managers don't have belly or appetite for Oil Search. Probably PE too high."
Look at all the other oilers, i.e.
STO -4.6%
WPL -3.1%
All because the "strange" Brexit voters. To put it mildly.
Oil Search Valuation & Target Price, page-500
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