I agree. I think the market is completely mispricing PNG on the basis that there's been a significant discovery at the recently drilled Tingu well and now a positive result from the flow testing at Ketu. Looks like management are on the march but the market has failed to react. Expect a bump when the cash from Osaka gas hits the books on award of PDL.
brokers looking bullish for sept qtr, page-12
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Last
21.3¢ |
Change
-0.003(1.16%) |
Mkt cap ! $349.4M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 21.0¢ | $468.8K | 2.188M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 636013 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 1627125 | 9 |
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| Last trade - 14.56pm 07/10/2024 (20 minute delay) ? |
| HZN (ASX) Chart |