Given the pitiful amount of money involved, I'm prepared to give benefit of the doubt on this one.
If you're not making at least a million insider trading, you're wasting your time.
However, the buy:sell at the moment looks dreadful. Clearly no-one is interested in buying (or to be fair selling) at the moment. Maybe we should issue a trading halt due to boredom.
I think the aimlessness in the price reflects the preceived aimlessness in the company. I'm sure they're all very busy, but results seem to be released on an ad-hoc basis, and there's no sense to keeping to any sort of schedule. I realise that part of this is due to third-party JV issues, and it may just take one big hit to turn things around, but at the moment things appear motionless.
Of course it's not all bad news, FNT are drilling and other people are paying for it so hopefully cashflow will be OK for a while.
But still....
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.330M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $9.778K | 3.259M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
44 | 41662685 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 3439755 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
42 | 41623685 | 0.002 |
16 | 65990999 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 3167000 | 3 |
0.004 | 23451959 | 29 |
0.005 | 14806578 | 15 |
0.006 | 12567081 | 15 |
0.007 | 3785801 | 10 |
Last trade - 11.30am 23/08/2024 (20 minute delay) ? |
LNR (ASX) Chart |
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
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