Streitberg has a bunch of shares and he is the key person in the company. His money is firmly aligned with the company and I think he is as incredulous as anyone with respect to the price.
I have little doubt the price will rise significantly; timing the start of the turnaround may prove tricky, and it won't take much selling to push it lower first.
However, it should be hard to push it lower if we get a clear positive on Frankland, and the a positive of the next offshore Perth Basin appraisal which is oil. In fact, I suspect a psotive Frankland result will be the start of the re-rating
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15.0¢ |
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Mkt cap ! $46.96M |
Open | High | Low | Value | Volume |
15.0¢ | 15.5¢ | 15.0¢ | $62.41K | 416.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 5148608 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 1538295 | 19 |
View Market Depth
No. | Vol. | Price($) |
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12 | 5148608 | 0.150 |
5 | 1830344 | 0.145 |
4 | 164180 | 0.140 |
4 | 32228 | 0.135 |
2 | 15398 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 1538295 | 19 |
0.160 | 698265 | 14 |
0.165 | 563584 | 9 |
0.170 | 504284 | 5 |
0.175 | 111404 | 5 |
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