This is definitely one to accumulate whilst its still priced cheaply and just sit back and wait for the cashflows to speak for themselves - as mentioned the other week, 10 bags doesn't give them an outrageous market cap so if the assets are producing anything meaningful, then there should be a few multiples here at a minimum... Agree it would be nice if they could release some numbers for us... guess for now we are stuck with our imaginations.
Oil and gas stocks often trade quite volatile, I like to just buy and hold for the big moves (today is barely a blip in market cap terms!). Always will be some supply around when a stock is up 60% in a day, but the top few holders own such a large percent that as more eyes catch this, it will become more and more of a scramble to pick up shares (evidenced by the larger buyer that started the move by wiping1.3 today).
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Last
0.9¢ |
Change
0.002(28.6%) |
Mkt cap ! $6.159M |
Open | High | Low | Value | Volume |
0.8¢ | 0.9¢ | 0.8¢ | $10.02K | 1.236M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 6984739 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 745879 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 4984739 | 0.007 |
4 | 1189742 | 0.006 |
2 | 1000000 | 0.005 |
2 | 1300000 | 0.004 |
2 | 1600000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 745879 | 1 |
0.010 | 1500000 | 3 |
0.011 | 900000 | 1 |
0.012 | 800000 | 1 |
0.013 | 100000 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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SHE (ASX) Chart |