BAS

4.62%

6.2¢ bass oil limited

Ann: Bunian-5 to be Completed as Oil Producer, page-66

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BusterScruggs

113 Posts.

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25/10/19

12:13

Post #: 41065838
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Originally posted by Fergus76: ↑

I've thought for ages that it's been heavily manipulated to keep the price lower, especially when the stock kept being taken back to 0.001c on very small cxxts. I don't know a lot about what brokers etc can and will do, but I wonder whether these ridiculous and small sales at 0.002 currently is someone selling between two different accounts they own hoping weak hands will become jittery and not-so-knowledgeable ppl will think the results aren't as good as they are. It's something that I've had a bit of time to think about, being a long-term holder.

i dunno, there are stocks out there - particularly mineral exploration - that fly on very early drilling results, which then amount to nothing. There are two companies I watch in this regard, one had a fail on lithium and one on cobalt and now they're both drilling for the new flavour of the month (gold). I expect this to amount to nothing as well.

Bass is a legitimate producing oil company. Maybe that's part of the problem - it's legitimate.

Expand

Only 4 hours of trading before another possible trading halt Monday morning in regards to flow test results.

Bunian-3 ST2 was perforated over a combined interval of 6m in the TRM2 and K1 pay zone.

We have 10m of oil pay over the same zones, maybe perforated 8M of that?

Bunian-3 ST2 flowed around 3,300bopd from those zones during production testing.

We are capped at $7M and already cash flow positive.

If we flow anywhere close to Bunian-3 we can not only kiss 0.3c goodbye, but 0.4c too!

imo.

BAS Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.2¢		Change -0.003(4.62%)		Mkt cap ! $18.00M

Open	High	Low	Value	Volume
6.2¢	6.5¢	6.1¢	$13.10K	213.6K

Buyers (Bids)

No.	Vol.	Price($)
1	92764	6.2¢

Sellers (Offers)

Price($)	Vol.	No.
6.5¢	3277	1

View Market Depth

No.	Vol.	Price($)
1	2066	0.061
2	608474	0.060
2	33474	0.059
2	27200	0.058
1	100000	0.057

Price($)	Vol.	No.
0.065	3277	1
0.068	7727	1
0.073	20000	1
0.074	557770	2
0.075	15000	1

Last trade - 15.46pm 15/11/2024 (20 minute delay)

BAS (ASX) Chart

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