If this is true people would stop selling their shares tomorrow.
1,000,000,000 times $100 a barrel times 30 per cent interest in PCL divided by 28,000,000 todays value times .004 todays share price = $4.28 cents a share at today prices.
May be my calculations are wrong but why would any body sell their shares tomorrow?
It's Massive - Another update from Upstream, page-258
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $130.1M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.7¢ | 1.6¢ | $81.61K | 5.092M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 920423 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 4721533 | 11 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| PCL (ASX) Chart |