5.6 billion shares (plus options) on issue are too many and it hasn't even confirmed it's got oil.
There are other similar priced explorers that have at least confirmed they have the resource.
If this drops more I might pick it up again but for now:
Ann: Placement, page-20
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Last
1.6¢ |
Change
-0.001(3.13%) |
Mkt cap ! $126.0M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $23.16K | 1.471M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 10356152 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 1682613 | 8 |
View Market Depth
| Last trade - 12.55pm 08/10/2024 (20 minute delay) ? |
| PCL (ASX) Chart |