Correct Adds4 , the market has fully factored in 1000bopd production in the current SP and therefore anything less than this (in a timely fashion) will meet with selling. Likewise AndyDragons summation that there is alot of stock yet to be exited from the RI makes this a scary picture. Having looked over the more recent company presentations I must say I have never seen any company 'rely' so much on a highly unlikely options conversion (8c in 5.5 months) to raise $24m and fund further drilling etc , any broker/insto being presented this pie-in-the-sky business plan would find it highly amusing at very best. DYOR
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2.5¢ |
Change
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Mkt cap ! $31.86M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 67947 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 2223 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3056 | 0.016 |
1 | 83333 | 0.012 |
1 | 50000 | 0.011 |
1 | 10000 | 0.010 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 161037 | 1 |
0.032 | 100000 | 1 |
0.045 | 22000 | 1 |
0.050 | 170000 | 1 |
0.055 | 35000 | 1 |
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