Oil down 6% overnight again
Under $27/barrel
Fundamentally this doesn't change a thing for NGE as we are still cash backed at 2.1c, have various JV that we are free carried on and have projects and royalties that can be sold or developed down the track
But let's see how low lemmings panic and sell. It's actually crazy some peoples mentality, they realise they own an O&G and just sell blindly after reading headlines ? Ignore the fact that you get the entire O&G asset suite for free, and that you are basically just paying for a cash box at 30% discount to cash in bank at these levels
Don't expect punters to think rationally though
Oil down 6% overnight again Under $27/barrel Fundamentally this...
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Last
$1.12 |
Change
0.000(0.00%) |
Mkt cap ! $39.81M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2616 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 19000 | 1 |
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| Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
| NGE (ASX) Chart |
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