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69.0¢ drillsearch energy limited

Eshmun I have enjoyed my party . I am happy with my returns. AUD...

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16/10/15

11:07

Post #: 16190461
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Originally posted by eshmun ↑

Party has just started and I thought your target for SXY was 20cents. You seem to chop and change strategy quite a bit. Oil stocks rising on US market strength over night alone (not oil price). Wait until the oil price plays along. Sure there will be pull back on the way back up that's just the way stocks move.

I spent about an hour on the Singapore stock exchange last night trying to find a quote (or a ticker symbol or a chart) for those notes with no success. I could find all the announcements that have been lodged but no ticker number. Call me dumb.

In any case it would be interesting to see how many cents in a dollar those notes are trading for as the trend now is for companies to buy back notes if they are trading at discount rates. You only got to look at FMG to see this.

Eshmun

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Eshmun
I have enjoyed my party . I am happy with my returns. AUD oil price is my focus and it's not that flash. I take advantage of Sentiment swings and as I have said before I don't mind leaving some on the table .
Every day has sellers and buyers , and everyday one side will be wrong
For me it's trading at a fair price now - no longer cheap unless AUD oil increased and it's actually gone nowhere due to AUD appreciating

DLS Price at posting: 65.5¢ Sentiment: Buy Disclosure: Held
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