I don’t think a “massive” upgrade is expected, this announcement really just confirms previous assumptions and provides data for the production engineering, which is what the well was all about. There may be a little reserves bonus at the end of the day but I’m not expecting anything we haven’t already seen. We should find our way back to fair value over the next few days which is a good result in the current environment.
Ann: Dorado-3 Wireline Results Support Flow Testing, page-49
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $259.4M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.5¢ | $151.0K | 1.023M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 1313406 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 1004797 | 12 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| CVN (ASX) Chart |