Agree. There is no question the buying will be bouyant in the lead up to September 17. Why would you sell now when you can participate in a rights issue only a fortnight away. If you purchased the stock in the first place in the high .30's you obviously liked the prospects going forward. Likewise, why wouldn't you wait to increase your holdings at .22 cents?
Finance is longer an issue, Longtom hook up just 5 weeks away then gas production straight after. "Multiple" intersted parties in Crux and the Browse Basin going off.
Think l might sell.
assets and current value, page-25
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Last
14.5¢ |
Change
-0.010(6.45%) |
Mkt cap ! $42.36M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 14.5¢ | $18.38K | 122.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 55999 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 25347 | 2 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| NXS (ASX) Chart |