I agree. I think the market is completely mispricing PNG on the basis that there's been a significant discovery at the recently drilled Tingu well and now a positive result from the flow testing at Ketu. Looks like management are on the march but the market has failed to react. Expect a bump when the cash from Osaka gas hits the books on award of PDL.
brokers looking bullish for sept qtr, page-12
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Mkt cap ! $324.6M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.5¢ | $137.8K | 693.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 460658 | 19.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 202116 | 2 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| HZN (ASX) Chart |