Nazzysmith wrote:
"If we had 100 wells with a probabiliy of 10% each you could absolutely guarentee that you would hit somthing.. You would not look at them on an individual basis... Actually you could expect to get lucky once within the first ten..."
Wrong, Nazzysmith.
Look at it this way. If there is a chance that a well can fail, then there is a chance, no matter that it's very small, that every single one of them could fail.
- Karl
5.5c cash backed and 3 mind boggling wells, page-81
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Last
5.2¢ |
Change
-0.001(1.89%) |
Mkt cap ! $38.75M | |||
| Open | High | Low | Value | Volume |
| 5.3¢ | 5.4¢ | 5.2¢ | $14.31K | 272.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 472516 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 325000 | 1 |
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| Last trade - 14.48pm 09/10/2024 (20 minute delay) ? |
| CTP (ASX) Chart |