Thats arguable Petergm, there offering 1 for 5 shares so approx just under 200mil shares at 6.4c.Theres currently 1.3mil shares for sale between 6.2-6.4cents.Theres a slight shortage of shares if you ask me.BUT this is only realised IF shareholders have actually done some serious research on WA-435-P and WA-437-P permits that host the Phoenix South Prospect & the surrounding areas.Not to mention any reseach on Apache or JX Nippon or the recent 3D seismic data upgraded on the prospect to a MULTI TRILLION cubic foot prospect that is also in close proximity to the PROVEN gas reservoirs in lower Triassic reservoirs at the Phoenix-1 well....the only thing going on with the share price since the announcement is accumulation.Remember this post in 1-3months...just my opinion tho.each to there own :)
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Mkt cap ! $277.3M |
Open | High | Low | Value | Volume |
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---|---|---|
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Price($) | Vol. | No. |
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29 | 2145068 | 0.145 |
17 | 764570 | 0.140 |
7 | 580617 | 0.135 |
8 | 538117 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 789488 | 18 |
0.160 | 1287616 | 19 |
0.165 | 219060 | 5 |
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0.175 | 999235 | 8 |
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