If the results are good no question it will be rerated, it should fly on the announcement but if doesn't it might takes weeks or months to reach a reasonable level for such a big discovery, which I beleive should be $5 to $10, this is just my thoughts and opinion. Those big sellers need to be taken out, with a good announcement they could be taken out in 1-2 days.
Ann: Bambo-1 well update, page-96
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Last
50.5¢ |
Change
0.005(1.00%) |
Mkt cap ! $46.66M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.5¢ | 50.5¢ | $8.898K | 17.61K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 139811 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 334682 | 4 |
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| FAR (ASX) Chart |