You are looking in the rear view mirror
Avg Oil price for Sept qtr was around $40/bl
Avg Oil price for current qtr will be closer to $50/bl
So with costs close to $40/bl you can see why this makes a big difference
I'm expecting an Oil price of $75/Bl in the next 3mths call me crazy but let's see
Cliff Head is blue chip like Oil field and highly leveraged to the Oil price so if the Oil price does what I'm thinking it will then maybe just maybe TEG will offer that high leveraged move as it gets valued blue chip like as opposed to penny dreadful spec
You are looking in the rear view mirror Avg Oil price for Sept...
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TEG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $36.26M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.0¢ | $36.09K | 1.804M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 5508160 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 4198018 | 8 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| TEG (ASX) Chart |