I've been selling out of this dog the past year for big losses after patiently holding for 10+ years. Put my last sell order in today.
The landbank strategy was always worth a shot. But didn't BUL already prove drilling wasn't achieving much? I always thought our reserves were solid? Didn't they spend $50M+ in drilling and accessors to confirm this? what do we need to check them again for, evaporation? shows you how much I know...
Good luck to all you holders, I still think gas has a big role to play in Aus's domestic energy, I hope for your sake this is just a requirement so they can rustle up some big deals in the next 2 years, otherwise I'm afraid they will burn through this cash like every other time.
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I've been selling out of this dog the past year for big losses...
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Open | High | Low | Value | Volume |
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8 | 3825957 | 0.007 |
5 | 10841666 | 0.006 |
3 | 3450000 | 0.005 |
4 | 11750000 | 0.004 |
Price($) | Vol. | No. |
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0.011 | 707250 | 2 |
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