Believe i suspect you refer to the following.
As per Peter Strachan's report all indicators are excellent - 80% chance of success based on the observed DHI. Excellent management and highly experienced JV producer Gulfsands who has indicated it will take over the well once it is commercial.
http://www.stockanalysis.com.au/samples/sample1.pdf
Also refer to Paterson Securities research and BUY recommendation.
Mbramavich and CO as you rightly know MEO drill that was a duster was alot more speculative and much more high risk that ADX Sidhi Dhaher which i look at as almost blue chip.
Surrounder North East South and West by producing fields within a few kms this is one of the most exciting projects that i have witnessed by a greenfields coy in my career within Oil, Gas and Minerals.
Exciting times ahead for this stock.
When i purchased the likes of PDN years back (i still hold 500k shares) and CCU more recently i was as excited about them as i am about ADX currently.
Good Luck to all
- Forums
- ASX - By Stock
- ADX
- $4 per share upside and 80% chance of sucess
$4 per share upside and 80% chance of sucess, page-42
Featured News
Add ADX (ASX) to my watchlist
|
|||||
Last
9.7¢ |
Change
-0.002(2.02%) |
Mkt cap ! $55.09M |
Open | High | Low | Value | Volume |
10.0¢ | 10.0¢ | 9.5¢ | $278.6K | 2.795M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 44694 | 9.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.8¢ | 3033 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 44694 | 0.097 |
2 | 100600 | 0.096 |
2 | 141000 | 0.095 |
2 | 103187 | 0.094 |
1 | 20000 | 0.093 |
Price($) | Vol. | No. |
---|---|---|
0.098 | 3033 | 1 |
0.099 | 91000 | 1 |
0.100 | 300000 | 1 |
0.105 | 953196 | 12 |
0.110 | 381041 | 6 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
Featured News
ADX (ASX) Chart |