"UBS and JP Morgan will sell 31.3 million shares of Oil Search owned by the PNG government, with a floor price of A$6.55 a share, UBS head of equity capital markets Richard Sleijpen told Reuters."
All the good work getting from $6.40 to over $6.90 since reporting and now this...
With the way OSH has been trading over the last few months I think we might see it go below the floor price of $6.55 now instead of going where it was heading north of $7
OSH Price at posting:
$6.81 Sentiment: Buy Disclosure: Held
