Great points! This is definitely a long-term hold. There will be games played in the next 3 weeks as tax sell season comes to an end. Especially those investors not keen on holding long as the company transitions, they may have other investment opportunities which they believe will succeed sooner. However, in the new financial year there is definitely potential for a short-term rally IMO! We have been sold down for years due to this BMG issue. Now that is out of the way, we can focus on production and taking advantage of an improving gas market, both domestically and globally. There should be a near term re rate in the next 6 months Imo to get back to where we used to have strong support around the 40c area. I am holding strong and long either way.
Great points! This is definitely a long-term hold. There will be...
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Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $580.8M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.0¢ | 22.0¢ | $464.4K | 2.071M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 141521 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 22836 | 1 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| COE (ASX) Chart |