Don't be discouraged by the price action, 10 billion shares on issue this is exactly what you would expect . It may take a quarter at least to wash through all the different interests in this name , and then the market may want to see a consolidated quarterly or even two quaterlies to be able to model the company properly. The reality is it could be Q4 2021 or early 2022 before valuation can approach fundamentals. And who knows where the oil price would be (amazing to see so few rigs being restarted in the US).. Buy 0.007/0.008 and wait
Don't be discouraged by the price action, 10 billion shares on...
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Last
12.8¢ |
Change
0.003(2.00%) |
Mkt cap ! $79.13M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.8¢ | 12.5¢ | $463.9K | 3.661M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 15409773 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 15378168 | 33 |
View Market Depth
| Last trade - 10.08am 16/05/2024 (20 minute delay) ? |
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Last
12.8¢ |
Change
0.003 ( 1.92 %) |
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| Open | High | Low | Volume | ||
| 12.8¢ | 12.8¢ | 12.8¢ | 2475353 | ||
| Last updated 10.08am 16/05/2024 ? | |||||
| CE1 (ASX) Chart |