The recent changes in management have been good - the reason I bought in was because I believe in the current CEO. He brings a lot of pragmatism into the role.
No doubt the $1.8M tied up will be used for the deeper section. The appraisal of the shallow free gas zone won’t cost the world.
I just find the timing of their CR weird - if they can fund the appraisal with current cash it would have been more desirable to do it after the appraisal at a higher SP.
Anyway - I’ll see how things evolve over the next 12 months and then reevaluate.
The recent changes in management have been good - the reason I...
Add NHE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.7¢ |
Change
-0.003(5.00%) |
Mkt cap ! $27.06M | |||
| Open | High | Low | Value | Volume |
| 5.7¢ | 5.8¢ | 5.6¢ | $29.31K | 516.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 153747 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 9090 | 1 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
|
|||||
|
Last
5.7¢ |
Change
-0.003 ( 2.90 %) |
||||
| Open | High | Low | Volume | ||
| 5.7¢ | 5.8¢ | 5.6¢ | 135560 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| NHE (ASX) Chart |