https://oilprice.com/Latest-Energy-News/World-News/Oil-Executives-Prices-Dont-Reflect-Tight-Supply.html
There is constant talk of tight supply, OPEC underperforming and shale production reducing 20-30% in next 5 years. Noting Sangmor will come online in 2024 (i think), however you would think that we need a deal now to start producing at a decent scale to fill the gap.
The only thing i trust ATS is with that the deal with a partner will be at a reasonable price, they are just not going to sell at a cent to dollar to go ahead with partnership. I believe patience will pay as we know there is value, not a spec stock which needs to be proven.!
Ann: Half Year Accounts and Appendix 4D, page-35
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0.9¢ |
Change
-0.002(18.2%) |
Mkt cap ! $11.57M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $5.707K | 570.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 5273422 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1418664 | 4 |
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| ATS (ASX) Chart |