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2014-06-11 21:06 | Report Abuse
You're welcome saddiqsepakraga
After doing some research on Salamander's Bualuang field, I start to believe Sona's management has done very well in identifying the QA.I must say the QA is quite premium, but that is acceptable with its lower inherent risk and future growth prospect. Not only the will get immediate revenue from already producing field, but also the exploration well in Block G4/50 with promising prospect, with oil discovery at Surin field by Salamander late last year.
I personally believe Sona's price volatility maybe as a result of lack of info on the deal, but as more information are made public soon, the price will adjust itself.
Good luck Sona holders. I'm in.
Stock: [SONA]: SONA PETROLEUM BHD
2014-06-12 17:11 | Report Abuse
Mother absorb huge volume last of week's Thursday and Friday well. Sign of bottoming...