I would say too much expectation at early stage before drilling might not be good.
Think about Cue Energy goes up to 24 cents before drilling and falls to 7cents now after drilling failed.
I guess the industry success rate is just 5% to 10% generally. Almost all the exportation (4-5?) in AU failed last year as I can see.
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Last
3.3¢ |
Change
-0.001(1.49%) |
Mkt cap ! $25.72M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.3¢ | $10.94K | 329.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 167234 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 591718 | 2 |
View Market Depth
| Last trade - 14.14pm 16/06/2025 (20 minute delay) ? |
| BRU (ASX) Chart |