SEA 1.25% 19.8¢ sundance energy australia limited

i think with the reduced volume this probably takes around 20c...

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  1. 2,172 Posts.
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    i think with the reduced volume this probably takes around 20c of my sp TP so looking at around +/- 10c from 80c ie 70-90c as opposed to 90-110

    Whats positive is the focus on production profile within cashflow neutral to slightly positive in 2019. Still some odd numbers on the b/s and obvious they still in bit of liquidity issues - look at current liabs - that just keeps going up suggesting delaying bills and thats a red flag for a liquidity issue. Dimmitt would help out but i would like to see the well projections ie is dcf under 20mm - r we giving it away just to sort out immediate liquidity concern??

    Sort of obvious to say but underlying is a bit more complex but if oil avergaes around what is today then that would be a big positive and help get to tmy estimated TP

    Why - as that would likely highlight a good global demand profile. The us china deal if comes to fruition is ever more important.
 
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