We understand that stocks like EMR are risky business but I wouldn't say there is a 90% chance of it turning into zip.
ARC Energy is involved in the Canning Basis drilling and they are a reasonable sized player in this game.
I got in at 16 cents so downside if NW Alice comes up dry is probably 12-16.
I can live with that risk.
If NW comes off, then we could see 40-50.
nw alice to be abandoned, page-18
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Last
$3.91 |
Change
-0.090(2.25%) |
Mkt cap ! $2.565B | |||
| Open | High | Low | Value | Volume |
| $3.99 | $4.00 | $3.82 | $4.294M | 1.103M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1279 | $3.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.93 | 11528 | 1 |
View Market Depth
| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| EMR (ASX) Chart |