It will be interesting to see what happens. Woodside will have a strong view on this play even before the seismic survey is over and if they like what they see with PCL's market cap about 2/3 what Shell is paying for a year with the Mearsk Voyager https://www.rigzone.com/news/maersk_drillship_gets_oneyear_gig_with_shell-04-apr-2022-168496-article/
It may be simpler for Woodside to buy out PCL early, than have to pay a premium when a drill target is announced and the share price gets silly
Ann: Appendix 5B, page-7
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Last
1.5¢ |
Change
0.001(3.57%) |
Mkt cap ! $117.9M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.5¢ | 1.4¢ | $3.447K | 244.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 5998794 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 826517 | 10 |
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| Last trade - 11.12am 19/11/2024 (20 minute delay) ? |
| PCL (ASX) Chart |