Historically a frac gas well loses production volumes quite quickly. First few years are the optimum, and then without further well stimulation they can become low volume quite quickly. Once they start drilling and fracking they will need to keep drilling wells to sustain meaningful supply. Still in my view this is commercial and if we get green lights to supply and can execute, this stock is seriously undervalued. DYOR
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Last
25.0¢ |
Change
0.020(8.70%) |
Mkt cap ! $254.2M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 25.0¢ | 23.0¢ | $284.2K | 1.176M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2041 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 270513 | 5 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
24.5¢ |
Change
0.020 ( 6.66 %) |
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| Open | High | Low | Volume | ||
| 23.5¢ | 25.0¢ | 23.5¢ | 407778 | ||
| Last updated 15.49pm 14/06/2024 ? | |||||
| EEG (ASX) Chart |