yes
Peter O'Neill's party is the leading party with 14 MPs at this time. The next highest party is Michael Somare's National Alliance with about 7 leading then THE with about 6. So Peter is very likely to be the new PM. He will support BCL.
I expect the PNG Govt to be formed on about Tues Jul 31 or a week later. The JSB meeting will probably be held within 3 weeks of the new Govt formation.
A good outcome will act as a fuel for the price which will progressively move up as BCL moves in on Panguna and a New BCA is signed.
80c cap again? even with recent news?, page-11
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Last
45.5¢ |
Change
0.015(3.41%) |
Mkt cap ! $182.4M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 48.0¢ | 44.0¢ | $7.232K | 15.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8888 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 4839 | 2 |
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| Last trade - 14.08pm 08/11/2024 (20 minute delay) ? |
| BOC (ASX) Chart |