Rawson a 'speculative buy'

COMPANY research firm APP Securities has placed a price target of 10c per share on Rawson Oil and Gas, which currently trades around 4c per share.

Rawson a 'speculative buy' Rawson a 'speculative buy' Rawson a 'speculative buy' Rawson a 'speculative buy' Rawson a 'speculative buy'

Rawson’s PPL 560 in the Cape Vogel Basin

APP says its positive view on the stock is predicated on the potential upside the Papua New Guinea hydrocarbon explorer has with its interest in PEL 155 in Australia's Otway Basin.