No news flow means drifting lower as some marginal sellers need to cash out. Patience remains the key here - all it needs is some update from SA (or at least the company) and people will get back behind the story - because its a massive one. What other company the size of CEL is going to have such strategic ground in an energy constrained country, with neighbours such as Shell and Falcon (Chevron) - who have already committed massive capital to development (shell $200m).
Also worth remembering that from mid Dec to mid Jan last year it ran from 6.7c to 11.5c on no news...just because a little bit of volume wanted to get set. As it stands there's only about 950k shares before 9.5c.
Now capped at $22m - what a joke
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Last
4.7¢ |
Change
-0.002(4.08%) |
Mkt cap ! $65.97M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 4.7¢ | $37.12K | 771.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 162643 | 4.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 82854 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 162643 | 0.047 |
3 | 515000 | 0.046 |
4 | 274433 | 0.045 |
1 | 350000 | 0.044 |
1 | 300000 | 0.043 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 82854 | 1 |
0.051 | 115986 | 2 |
0.052 | 210764 | 3 |
0.055 | 155000 | 1 |
0.056 | 250000 | 1 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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CEL (ASX) Chart |