I won't speak for others,but given the greens stated goal of no new coal,oil,or gas projects being approved(despite the utter lunacy of that position),I have to seriously re-evaluate the prospects of microcap oil ang gas explorers that are prospecting in australia. Whether such an outcome is likely,I am unsure,but I am always reminded of the Gideon Tucker quote: "No man's life, liberty, or property are safe while the legislature is in session."
The price action I am seeing on GLV and PRM(which is now trading under the issue price of the major share placement) is not something I can remember seeing in my north of 20 years playing microcap O&G.To be tanking into the drill,makes me wonder if I'm not the only one who has decided to be more risk averse given that even if successful,development may not happen unless/until the lunatics are no longer running the asylum.
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Last
3.0¢ |
Change
-0.002(6.25%) |
Mkt cap ! $17.34M |
Open | High | Low | Value | Volume |
3.6¢ | 3.6¢ | 2.9¢ | $64.87K | 2.035M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30014 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 35000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30014 | 0.030 |
3 | 441612 | 0.029 |
2 | 2495000 | 0.028 |
5 | 1250481 | 0.027 |
4 | 981923 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 35000 | 1 |
0.032 | 357286 | 1 |
0.033 | 206904 | 2 |
0.035 | 606060 | 1 |
0.036 | 150000 | 1 |
Last trade - 15.37pm 20/08/2024 (20 minute delay) ? |
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