I don't think so, I think the initial affects of the CR have played out and we all know there is oil in the ground and abit of it.
I think a few people have sold out because that's the 'in thing' to do when a CR is announced. Probably hoping it will get back to 12c.
If I was the the big player/s funding this, I'd stack up the buy side knowing I'd get even more shares cheap because everyone would sell (as we have seen, almost like clock work).
We know and they know, it's worth much more then 12-14c.
Time will tell.
Good luck to all
Ann: Successful $15m Placement to drive Block 9 Forward, page-147
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Last
2.4¢ |
Change
0.001(4.35%) |
Mkt cap ! $80.88M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.3¢ | $68.51K | 2.960M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 338720 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 2244796 | 10 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| MAY (ASX) Chart |