the stock was priced solidly before the Jewel produced on the probability that it was a success, as they all are low risk developments.
The market should start to really understand, after rangers, that theres 18 more to come, and they were no flukes.
Its conversion of exploitation , not exploration. Regions with old vertical wells, that benefit from new techniques.
Who is selling ? Anyone taking profit. Needing a pay day. Sometimes its that simple.
But where is the company going, you have to look a year ahead, two, three, with multiple cash wells and new acres acquired.
Its not going back to a micro cap, its possibly getting reaped at the moment from those who backed it at a micro cap, to pay for whatever, and probably keeping a lot of free carried stock.
The market likes a proven winner, and a proven formulae for success.
Where is it going to be next year ? Dont sweat the volatility.
70m =>25m ? or 70m=>200m ?
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Last
43.5¢ |
Change
-0.010(2.25%) |
Mkt cap ! $41.52M |
Open | High | Low | Value | Volume |
44.5¢ | 45.0¢ | 43.5¢ | $5.984K | 13.56K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 11717 | 43.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
45.0¢ | 10800 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 10517 | 0.435 |
2 | 25255 | 0.430 |
1 | 25000 | 0.425 |
2 | 22378 | 0.420 |
1 | 4000 | 0.415 |
Price($) | Vol. | No. |
---|---|---|
0.450 | 10800 | 2 |
0.455 | 80000 | 1 |
0.460 | 4000 | 1 |
0.470 | 26959 | 2 |
0.475 | 50000 | 1 |
Last trade - 15.46pm 01/11/2024 (20 minute delay) ? |
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