My concern is that the new MD has no proven record of success so far!!!
In my opinion is there are far better (punt intended) investment in the small oil and gas sector that this one, have a look what Eddy Smith doing at COE for example (a proven oil finder) or how about Bru or Nse or even Bpt will make you money with more certainty than this one.
All I see is large capital expense drilling deep water offshore West Africa (you can forget the Jamaican stuff, no commercial oil there) on an uncertain time scale.
Hence I some what doubt CAthy N. will be able to do anything here that is positive to the shareholders.
Happy to be surprised but I will not be investing even my risky part of my funds here.
the stars aline, page-10
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Last
51.0¢ |
Change
0.025(5.15%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 51.5¢ | 49.0¢ | $88.17K | 174.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 319 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 47872 | 1 |
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| Last trade - 13.26pm 08/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |