Hi all / anyone who may still actually be looking at COE,
(it's very quiet on this forum now ... have all of the ex-regulars given up on the stock?)
Just a quick question, given my inexperience re. the oil industry ...
Is the reason for the sudden plunge in the stock due to expectations that they would have hit oil by now for the Hammamet West-3 well and haven't yet, or just everyone getting very nervous now that the big drill is finally here after anticipating for so long?
If not, at what point would you expect there to be oil shows (or not) in the drilling cycle?
Any comments would be much appreciated.
Cheers.
share price and current drilling
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Last
22.3¢ |
Change
0.003(1.14%) |
Mkt cap ! $600.6M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.8¢ | 22.0¢ | $696.2K | 3.120M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 442202 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 410640 | 22 |
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| Last trade - 15.54pm 27/06/2024 (20 minute delay) ? |
| COE (ASX) Chart |