The management have had what they wanted (a strong oil price) for a long time now and a forward looking positive outlook for oil demand and price. It seems they still can't find a partner who shares their view that this resource is worthy of a significant capital commitment.
These guru's haven't exactly set the world on fire. Only announcements that ever come out of the company are a quarterly cut and paste and announcements of more bonus/incentive share allocations for them.
History: Portugal flop
. 6 Well drill campaign (modest performance at best)
The glow of their past performance with Aurora has long faded. I get the feeling that to have an outsider on the board would not be such a bad thing. It may shake up the boys club a bit!
Good luck!
The management have had what they wanted (a strong oil price)...
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $12.85M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $1.32K | 127.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2716682 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 3419902 | 3 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| ATS (ASX) Chart |