If the market runs this to its actual fair value you are looking at 15-20 cents right now on fair value. Based on discovery already done and a huge resource of 6.5 billion barrels of oil. 388 million barrels being appraised in coming weeks then production in March.
It should be in the 15-20 cents trading range as we speak now. But people want to run it over 4 weeks apparently but could there sooner before the drilling. Should be there already
General discussion, page-13
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Last
2.7¢ |
Change
-0.001(3.57%) |
Mkt cap ! $90.99M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 2.9¢ | 2.7¢ | $87.74K | 3.087M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 848777 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 284679 | 3 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| MAY (ASX) Chart |