An overdue recovery on good volume and a strong Friday close undoubtedly helped by the strong market close. We're now only about 3 months away from the release of the results of the experimental drilling (closer spacing & stacking of laterals) and that could seriously impact on the reserves valuation, which take account only of a 50% weighted contribution from the overlying Austin Chalk, if I remember correctly. The run-up to 2013 could be very pleasant for holders especially if the analysts start to prepare the market for what could prove to be a significant upgrade in reserves.
This is all speculation on my part.
The shares are glued to my broker account at the present.
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Last
95.0¢ |
Change
0.005(0.53%) |
Mkt cap ! $456.6M |
Open | High | Low | Value | Volume |
95.0¢ | 95.0¢ | 93.0¢ | $1.091M | 1.160M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 17088 | 93.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
95.0¢ | 60529 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 17088 | 0.930 |
1 | 10529 | 0.925 |
3 | 18130 | 0.920 |
1 | 10529 | 0.915 |
3 | 18226 | 0.910 |
Price($) | Vol. | No. |
---|---|---|
0.950 | 60529 | 3 |
0.955 | 15196 | 2 |
0.960 | 20029 | 3 |
0.965 | 10529 | 1 |
0.970 | 10529 | 1 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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Mark Waller, MD
Mark Waller
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