Well the panic has started. Opening estimate $1.50 down 14%. The ann detailed a tightly held gas column of 10m just below 70m of main gas column some 7km away. It would appear that this did not meet market expectations. To me it indicates that the ES permit has considerable potential and that the analysis from this well will prove up the estimated reserves for a productive area.
Today will be a good buying opportunity.
we have gas ann out, page-19
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Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $58.43M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 20.0¢ | $11.94K | 59.71K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 34739 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 300 | 1 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| NXS (ASX) Chart |