Just checked the trading before rolling into bed. Quite a big fall with (relatively to other days) a higher amount of volume. One has to wonder who is selling at these levels that is significantly under the IPO price of 40 cents AUD...
Doesn't make sense unless there are a few nervous holders that think its going lower
In my opinion Tamboran management needs to start regular news flow ASAP to stop this slide. In particular the 2D seismic which will be needed for the Maverick wells next year. They must be close to starting that survey surely?
been busy over the weekend, but will try and post some observations on the recent Tamboran presentation soon. A few autumn golfing days have got in the way
DYOR
Just checked the trading before rolling into bed. Quite a big...
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $329.6M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.0¢ | $7.287K | 45.34K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 43225 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 100000 | 1 |
View Market Depth
| Last trade - 15.03pm 15/08/2024 (20 minute delay) ? |
| TBN (ASX) Chart |