Not sure why the share price is dropping on this news. As i understand it, the news is a fairly neutral operational update, but has some forward looking potentially positive outcomes.
IMO, the news pretty much guarantees an exciting quarter of announcements to the end of the year, and possibly beyond.
Three wells scheduled to by drilled, with the first stage of drilling now completed on the first well.
Previous drilling events were "highly successful" so one could assume the probabilities of further success in the current drilling campaign are in CE1's favour.
Ann: Brooks Drilling & Operations Update, page-2
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $82.3M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 19800 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 20162 | 1 |
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| Last trade - 09.33am 31/05/2024 (20 minute delay) ? |
| CE1 (ASX) Chart |
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