It's amazing, the World's hungry for fossil fuels without sufficient any near term alternatives in sight!?
ATS is making money & may just achieve their aims of opening up their reserves! The price of fossil fuels appears to have a fairly solid floor under them!?
While many may be shaken by the market movements, I suspect the fossil fuel sector to ride a Tsunami of favourable conditions!
Just 12 mths ago, many thought fossil fuels had had their day (short-term idealism reigned!) - an orederly transition (science backed) to ESG fuels is required, then Russia played its hand & WOW! Fossil Fuels are back in favour!!! - the problem in recent years is "Under-investment in the sector", this places those in production in "The Right Place @ The Right Time!"
Is ATS about to rise from it's ASHES???
$100 Oil by year end?, page-446
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $12.89M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $1.258K | 128.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 2029166 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 171347 | 1 |
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| Last trade - 15.08pm 18/09/2024 (20 minute delay) ? |
| ATS (ASX) Chart |