It certainly has the feel of a stock that is being accumulated.
Boredom is never a good reason to sell, but opportunity cost is. Either way, if the stock gets a kick up on the back of news, I think a good number of those sellers might want to get back in.
Current EV/BOE is $1.1 USD and current UK NBP gas price is equivalent to $85 BOE
Cavendish Research, page-9
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Last
0.7¢ |
Change
0.001(8.33%) |
Mkt cap ! $18.25M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.7¢ | 0.6¢ | $2.843K | 472.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 19621686 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 32133315 | 24 |
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| Last trade - 11.10am 04/10/2024 (20 minute delay) ? |
| HHR (ASX) Chart |