EL
Don't think Gigir is a company maker or breaker. The decision says less about Gigir than what Nations think of the rest of the permit imo.
In regard to Kurnia, I have never blamed COE for the overspend, there were gas shows to surface, I think it was necessary to pursue it further as a commercial gas discovery would have added alot of value.
admittedly, the haven't had much luck with their international assets, is it bad judgement, perhaps but I put it down to bad luck
Personally, I still think its a relative buy in the O&G sector, but at present its a little cheap vs very cheap and in this market I would only re enter with gusto if its very cheap which is sub 40s. Having said this I recognise it may not get there if they have success in Gigir, or big success in the mid year PEL92 mid year campaign
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21.5¢ |
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Mkt cap ! $567.6M |
Open | High | Low | Value | Volume |
21.5¢ | 21.5¢ | 21.0¢ | $938.5K | 4.411M |
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No. | Vol. | Price($) |
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12 | 746174 | 21.0¢ |
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Price($) | Vol. | No. |
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View Market Depth
No. | Vol. | Price($) |
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12 | 746174 | 0.210 |
9 | 809440 | 0.205 |
14 | 564921 | 0.200 |
5 | 399528 | 0.195 |
9 | 370734 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 264218 | 1 |
0.220 | 787229 | 8 |
0.225 | 592225 | 7 |
0.230 | 920132 | 10 |
0.235 | 915103 | 22 |
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