The market appears to have written off Pavo as a duster already, this is really stupid as nobody has a clue at this stage. Pavo action so far is very strange. Normally you would see a run up to spud with an important well like this, on the spud there is usually bit of a sell /profit taking, then a slow buildup till the trading halt (when the truth hits one way or the other). With Pavo there has only been one big move down,( yet it has a 34% chance of success which is high for a wildcat). The only reason I can see for this is the Buffalo disaster, which has caused the market to over act on the downside. After Pavo ,Apus drilling starts, so two very important wells with a reasonable chance of success. At this stage we are still a long way from the two dusters the market appears to be suggesting.
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Mkt cap ! $277.3M |
Open | High | Low | Value | Volume |
15.0¢ | 15.5¢ | 15.0¢ | $99.67K | 646.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 256723 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 1330643 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 256723 | 0.150 |
13 | 781195 | 0.145 |
8 | 592228 | 0.140 |
2 | 437000 | 0.135 |
4 | 506730 | 0.130 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 1027802 | 11 |
0.160 | 944930 | 12 |
0.165 | 369060 | 8 |
0.170 | 1218942 | 16 |
0.175 | 983893 | 9 |
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