Market has no (or little) interest in O&G , particularly microcap.
Only a matter of time for a 180 degree change when oil is significantly higher and sentiment is positive. See today's AFR as an example " The $2.1trillion reason its time to worry about oil" . Big supply problem coming.
Until then, market wont price any potential upside and hence i'm glad to see mgt looking to maintain (not grow) production and start generating positive FCF each qtr.
Market has no (or little) interest in O&G , particularly...
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Last
13.0¢ |
Change
0.003(1.96%) |
Mkt cap ! $82.3M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.5¢ | $118.4K | 928.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 17829372 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 3923128 | 34 |
View Market Depth
| Last trade - 15.56pm 02/05/2024 (20 minute delay) ? |
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Last
12.8¢ |
Change
0.003 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 12.8¢ | 12.8¢ | 12.8¢ | 36380 | ||
| Last updated 11.44am 02/05/2024 ? | |||||
| CE1 (ASX) Chart |