Thanks Zac - I have been investing for years and have a good understanding of the market.
IMO - DYOR - this stock is undervalued - full stop. I am not going to lose sleep over the SP in the short term, just a little perplexed at the rating - I believe mid 6's to 7c should be a realistic value currently.
More over, the chances of a Take-Over (which is personally my play on this little stock) have just risen exponentially with the Tullow hit in Kenya...
IF we were to be taken over - I would suggest a price of 20 - 30c would be offered straight off the bat - this would give the market a good idea of what other major oil players rate this share...
Of course - all IMO / DYOR
Cheers
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Last
48.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.81M |
Open | High | Low | Value | Volume |
48.5¢ | 48.5¢ | 48.5¢ | $1 | 3 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 99194 | 48.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.5¢ | 4251 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1187 | 0.490 |
2 | 99195 | 0.485 |
4 | 260000 | 0.480 |
1 | 100000 | 0.475 |
1 | 100000 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 1185 | 1 |
0.485 | 3 | 1 |
0.500 | 45200 | 3 |
0.505 | 18000 | 1 |
0.510 | 12672 | 1 |
Last trade - 10.02am 12/08/2024 (20 minute delay) ? |
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