unsinkable;
I understand you sentiment. I have the same sentiment before. But have to say-- overoptimism.
20c--22c outcome based on MMR $2.2, BPH $0.6, however I donot think if drilling successful, MMR can soar 400%.BPH can soar 800%.
Some technical analysis illustrates the drilling successfule rate could be up to 85%, I agree.
50 billion underground value doesnot mean MMR's MV is $10 billion. If MMR 's MV never over $10 billion, how can you calculate BUY's MC over 1 billion=1.25/share.
so, $2/share is never never possible, donot be fooled .
this is only the first well, it's my view, MMR's SP will be capped at $2.2 if drilling successful. BUY's SP may test 22c, but no more than that.
- Forums
- ASX - By Stock
- BUY
- pep11 drilling location announcement
pep11 drilling location announcement, page-39
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BUY (ASX) to my watchlist
|
|||||
Last
0.5¢ |
Change
0.001(25.0%) |
Mkt cap ! $7.492M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $4.836K | 1.000M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 6004998 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 5315318 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 6004998 | 0.004 |
22 | 20333718 | 0.003 |
11 | 13130111 | 0.002 |
8 | 9977480 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 5315318 | 9 |
0.006 | 2052871 | 6 |
0.007 | 1817001 | 5 |
0.008 | 1300000 | 2 |
0.009 | 830217 | 3 |
Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
Featured News
BUY (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online