absolutely correct fike and then of course the trouble with all of this will be $$. PCL and FAR have done very well by any standards of "pennydreadful" Aussie O&G companies both gaining great ground and JVs and having some limited exploration success to date but are still in reasonable shape - however the next 5 years whilst could be very exciting I cannot help but feel both Cos will have to raise sig $$ and then that brings into the picture the ugly truth of a consolidation at some point ( which no one wants) but I cannot see how they otherwise can stay in the game or else end with 3-4 billion shares on issue - they need to trading in the 20c range to raise sig $$ and not blow out the shares on issue too much - other than an oil strike it is hard to see how they will get there. - I watch with interest to get back in at some stage.
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Last
1.7¢ |
Change
0.001(6.25%) |
Mkt cap ! $138.2M |
Open | High | Low | Value | Volume |
1.6¢ | 1.7¢ | 1.6¢ | $44.36K | 2.755M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 846381 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 4354241 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 846381 | 0.016 |
12 | 7761523 | 0.015 |
12 | 9568039 | 0.014 |
16 | 5774230 | 0.013 |
8 | 5891666 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 4354241 | 7 |
0.018 | 4831406 | 5 |
0.019 | 3187631 | 5 |
0.020 | 4172224 | 7 |
0.021 | 1650000 | 4 |
Last trade - 15.59pm 27/09/2024 (20 minute delay) ? |
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PCL (ASX) Chart |