Sellers appear to be those none long term holders that got in at the recent low prices and are now taking profits to give back some credibility to their portfolios.
they will dry out soon and then we will move a bit more. After that the next move will be on strategic partner announcement, then quarterly report end of December which will show a truck load of cash in the bank, then early next year once confirmation of rig for more drilling and confirmation from strategic partner they are expediating drilling, then we will hit an elephant, then oil prices will be heading back towards $100, then sp will be over $1.50 by end of 2009, imo.
if not, well here's to dreaming...
just had 3mm cross traded, page-4
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Last
88.0¢ |
Change
-0.020(2.22%) |
Mkt cap ! $200.7M | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 88.0¢ | 88.0¢ | $52.8K | 60K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 55739 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 15000 | 1 |
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| Last trade - 13.52pm 31/07/2024 (20 minute delay) ? |
| NDO (ASX) Chart |