So lets do some calculations.
Share price is 7c.
If Shell pull the pin, share price will crap itself back to 5c.
If Shell go ahead, share price will catapault up to 25c+.
Chance of Shell choosing the drill option 50%.
So a 30% downside and a 400% upside on a 50/50 chance.
Yup, Gottabetonthat...
blackjack, roulette or....
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Last
49.5¢ |
Change
-0.005(1.00%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 49.5¢ | $61.72K | 124.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 241 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 867 | 1 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| FAR (ASX) Chart |