With such a positive quarterly I thought the SP would rise above 15c again or more.
I have been watching this stock for a while, the negatives seem to be the large debt and the uncertainty surrounding PNG gas project dished out by a government official who has in my opinion made investors edgy about dealing with an unpredictable foreign regime.
I did buy a few weeks ago at 10c, I sold out when the SP did not rise with such a great quarterly report, maybe I am too hasty however I did twitch a little when I read the PNG saga in the quarterly.
Will watch again for another buy opportunity, seems very under valued IMO.
Ann: Quarterly Activities Report, page-21
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Mkt cap ! $324.6M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.5¢ | $147.9K | 746.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 575845 | 19.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 560088 | 3 |
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