The problem with this is a lack of buyers, not too many sellers! Multiple brokers reports highlighting 10+ bags potential here, a hot forward-looking UK gas market, a 2P resource, and nearby infrastructure tie-in points. Still few people or institutions are willing to step in and buy at this level. The ASX will unlikely ever reflect fair value for a stock like this unless there is a rock solid takeover offer on the table, but the current discount is somewhat perplexing even for the ASX.
The problem with this is a lack of buyers, not too many sellers!...
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.04M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $167 | 33.45K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 13697125 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 2718286 | 10 |
View Market Depth
| Last trade - 15.21pm 16/08/2024 (20 minute delay) ? |
| HHR (ASX) Chart |