Exactly S2O. They barely opened the well up and then needed to shut it in and downman.
Quite possibly some have read that Rafael resulted 5MMscfd, and panicked, and sold, and lost out.
Thing is, the impatient were screaming for results. Then they get results on a 1/2" choke... and aren't happy about it.
They should maybe try drawing a 1/2" circle on a piece of paper and try to visualise gas flowing through it. I'm lost how this could not be fully understood by todays sellers.
Really good buying opportunity right now however they won't be getting my shares.
Well done to the buyers today!!!
GLTAH
Ann: Rafael initial flow test successful with gas to surface, page-110
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Last
8.5¢ |
Change
-0.001(1.16%) |
Mkt cap ! $57.06M | |||
| Open | High | Low | Value | Volume |
| 8.5¢ | 8.5¢ | 8.5¢ | $8.432K | 99.19K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 206000 | 8.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.6¢ | 112361 | 2 |
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| Last trade - 15.45pm 02/08/2024 (20 minute delay) ? |
| BRU (ASX) Chart |