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Ann: Play-Opening Borba 1-7 Natural Gas Well Drilling Ahead, page-15

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readyaimfire

10,983 Posts.

1480

23/02/21

12:00

Post #: 51243736
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Originally posted by longreach ↑

Its an interesting metric, and probably gives an insight into the different demographic holding SGC vs XST. And until recently I had no clue about it the relevance (yes I'm old!). Live and learn.

For those disappointed by the share price today, on this momentous day of the Borba spud, whilst we needed confirmation that the well was finally underway, 99% have known it was about to happen and so expectation was already baked into the share price. I personally didn't expect any big move. But I'd suggest this is the basement and probably a good time to get set.

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How much more of the 6.5 cent CR is left to go out the door will be the short term driver.

For CR punters every metre drilled increases their risk of loss.

SGC Price at posting: 8.2¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last 0.7¢		Change 0.000(0.00%)		Mkt cap ! $5.458M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
3	3777565	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	1855499	2

View Market Depth

No.	Vol.	Price($)
3	3777565	0.007
15	2616199	0.006
18	9743573	0.005
4	10554279	0.004
7	18274998	0.003

Price($)	Vol.	No.
0.008	1855499	2
0.009	2225376	3
0.010	966562	1
0.011	1197001	4
0.012	1611108	4

Last trade - 10.43am 28/05/2024 (20 minute delay)

SGC (ASX) Chart

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