A small dose of reality is what's needed.
25c is my initial target ($600 to $800 million)
The $1 price target is virtually impossible.
The $21 price target is madness.
I think COP will try to buy us for 25c
That bid will fail.
They will then make another bid at 40c which will likely succeed if no other company counter bids.
My great hope is someone else enters the fray.
Possibly by buying CNE which would propel our price much higher.
Lots of fantasy scenarios but COP is the most realistic and logical.
Next few months will be fascinating, especially if oil rallies hard(which I expect).
12 months along the risk curve, page-19
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Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.0¢ | 49.5¢ | $43.20K | 86.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21776 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 94070 | 2 |
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| Last trade - 15.57pm 23/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |