JMO lov'in this stock atm,
but eventually it may/will become just another aussie drilling company servicing the mining sector,
I know it's niche play is H2O control which will always be an ongoing presence in mining,
but there is nothing stopping other drilling/mining service company's heading into the space of H2O control.
I might also add drilling company's are notoriously for their high cost of maintaining drill rigs,
this company is in a sweet spot atm, rigs are in are in good shape, contracts in play & building with acquisitions.
Yeah agree butchcy $1 SP, 416 MC is unrealistic. It's a great little growing company, certainly I can see the $0.25 - $0.35 at some point on the horizon....but still a guess & hope, an optimistic TO would cement it & some.
JMO lov'in this stock atm,but eventually it may/will become just...
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Last
51.5¢ |
Change
-0.005(0.96%) |
Mkt cap ! $276.8M | |||
| Open | High | Low | Value | Volume |
| 53.5¢ | 53.5¢ | 50.5¢ | $534.3K | 1.019M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 36217 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 44960 | 2 |
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| Last trade - 12.15pm 27/09/2024 (20 minute delay) ? |
| VYS (ASX) Chart |