Your right it’s the day traders pumping this up and buying before the drill on fundamentals that tell you that even if A3 flows 4km down a hole of 20-22 API it’s oil that can’t be sold internationally and oil just like A2 sold only to Cuban government at a discount because that’s who wants this type of heavy oil.
1 billion dollar basin not even worth 500 million.
But keep pumping for the dump. You have next week they start to drill but make sure you keep pumping as hard as you can on fundamentals that are shot
May Chart, page-12082
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Last
3.4¢ |
Change
-0.002(5.56%) |
Mkt cap ! $114.5M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.6¢ | 3.3¢ | $185.6K | 5.393M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 842480 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 148089 | 1 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| MAY (ASX) Chart |