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
Historically a frac gas well loses production volumes quite...
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Last
20.0¢ |
Change
-0.010(4.76%) |
Mkt cap ! $193.3M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 20.0¢ | $38.74K | 189.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 240804 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 21.5¢ | 404914 | 2 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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20.5¢ |
Change
-0.010 ( 2.38 %) |
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| Open | High | Low | Volume | ||
| 20.5¢ | 20.5¢ | 20.5¢ | 7000 | ||
| Last updated 15.17pm 24/05/2024 ? | |||||
| EEG (ASX) Chart |