Investing in oil minnows is a form of gambling .
Look at the risk / return metric and place your bets accordingly .
I don't think this is a high COS well but the success case has a very big upside so overall I think the risk / return is OK .
Not a long time to wait .
Ann: Drilling Update for Giant Welchau Gas Prospect, page-22
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $56.79M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.3¢ | $1.223K | 11.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 349966 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 208999 | 6 |
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| Last trade - 10.02am 05/07/2024 (20 minute delay) ? |
| ADX (ASX) Chart |