Historically a frac gas well loses production volumes quite quickly. First few years are the optimum, and then without further well stimulation they can become low volume quite quickly. Once they start drilling and fracking they will need to keep drilling wells to sustain meaningful supply. Still in my view this is commercial and if we get green lights to supply and can execute, this stock is seriously undervalued. DYOR
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Last
20.0¢ |
Change
0.015(8.11%) |
Mkt cap ! $203.4M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 20.0¢ | 18.5¢ | $169.0K | 870.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 100000 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 240776 | 2 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| EEG (ASX) Chart |