Rock bottom gas prices atm and still money is able to be made. With natural gas being the "new" preffered option for energy it would surely be a catalyst for future higher gas prices.
I have read serveral articals recently on the gas price in the US and how they are predicting a sharp rise in the near future, which makes perfectly good sense why BHP bought out both petrohawk and cheaspeak recently while gas prices were at close to recent all time low prices. Was it pure luck or a caluculated guess??? According to BHP they have taken advantage of buying out these 2 companies at a time when gas prices are low which they predict to rise significantly in the near future.
Smart move by BHP id say and good news for CEL...
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Rock bottom gas prices atm and still money is able to be made....
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Last
5.6¢ |
Change
-0.004(6.67%) |
Mkt cap ! $78.61M |
Open | High | Low | Value | Volume |
6.0¢ | 6.0¢ | 5.6¢ | $43.42K | 757.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 137264 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.9¢ | 250000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 137264 | 0.056 |
5 | 742756 | 0.055 |
1 | 100000 | 0.054 |
1 | 170867 | 0.053 |
1 | 19824 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 250000 | 1 |
0.060 | 299986 | 1 |
0.061 | 250000 | 1 |
0.062 | 200000 | 1 |
0.064 | 70000 | 1 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
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CEL (ASX) Chart |