I am a long time holder of PCL. In 2018 PCL found oil and did all the research and was just about to drill when the share price shot up from .002 to .009. The day PCL was going to drill for oil the management put a cap on the drilling because the price of oil was dropping that year from $75 a barrel to $45 a barrel. The price of the stock fell back to .002. The manage said that when the price of oil recovers then they will start drilling.
Over the past 28 days of trading the past 14 days had 1,176,760,000 shares traded and two weeks ago, 14 days of trading was only 33,550,000 shares traded. Does this mean that the price of oil is recovering and now is the time to drill. People are buying the shares cheap before drilling starts or when the announcement comes out and the price of the share takes off.
Looking at the graph of PCL, In 2004 the price took off between .15 to .20.
In 2012 the price took off between .15 to .20
In 2020 COVID
In 2021 the price will be ???????????????
Ever 8 years the price takes off, except for covid.
Good luck to every one and DYOR. But this is the year I think the price will take off again.
Regards Pirates
- Forums
- ASX - By Stock
- PCL
- Oil and Gas Hot Stocks
Oil and Gas Hot Stocks, page-42
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PCL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $130.1M |
Open | High | Low | Value | Volume |
1.6¢ | 1.7¢ | 1.6¢ | $81.61K | 5.092M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 920423 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 4721533 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 920423 | 0.016 |
16 | 7729557 | 0.015 |
17 | 13244071 | 0.014 |
19 | 9366205 | 0.013 |
9 | 5065833 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 4721533 | 11 |
0.018 | 9055891 | 10 |
0.019 | 3485000 | 5 |
0.020 | 3480002 | 6 |
0.021 | 1697619 | 5 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
Featured News
PCL (ASX) Chart |
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online