I really do wonder if the SP is just going to go down after the results are out. Obviously I hope it goes up (significantly) but I wouldn't be surprised if it went down on good news. Why? because if they aren't going to spud the first well until Oct/Nov/Dec 2015 - what is there to drive the SP in the short term?
It's great to announce good results, it's great to announce resource estimate increases, it's great to announce a drilling campaign, but it all means bugger all in the short term if the drilling is 7-9months away.
I really hope I am wrong, but I just have this horrible feeling I might be right :<
Exhaustion setting in!, page-31
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Last
48.5¢ |
Change
0.005(1.04%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 48.5¢ | 48.5¢ | $10.11K | 20.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 99195 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 2000 | 1 |
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| Last trade - 11.19am 09/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |