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Does anyone know why OCE has been falling like a stone since Nov? Their latest set of results were extremely good (HEPS up 44%) even though revenue only increased by 3%. I'm considering buying OCE as a long-term investment (steady growth, good dividends, low PE) but want the price to stabilise first.
I see that oceana's Interim financials are coming out the 7th of may, looks to be a really decent share but its been very stagnant of late.. Looking to do a speculative buy and make some profit in the short term, would that be a wise decision?