TU Jimmy - Often we forget that when a hole is punched in the ground there always multiple of objectives in exploration.
This logic is not always good for the share price. It is important to be able to drill through the strata and be able to control the drill. This is what is going on now. It is important to get to the proper drill depth and to be able to control it. Nobody knows where they plan to put the production well.
It is bad that a dry hole will drop the share price.
Have a great weekend everyone. Signing off till Monday.
Bob
TU Jimmy - Often we forget that when a hole is punched in the...
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Last
$1.60 |
Change
-0.105(6.18%) |
Mkt cap ! $1.279B | |||
| Open | High | Low | Value | Volume |
| $1.63 | $1.63 | $1.58 | $10.72M | 6.719M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1500 | $1.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 52235 | 4 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| KAR (ASX) Chart |