Thought I would share the reasons why I am in PCL right now, below are a few different scenarios that I see as risk/reward for an entry at 0.002
• If both Total and Shell drill dusters, 50% downside (believe there will still be bargain hunters willing to pay 0.001 for PCL in this scenario)
• If either Total or Shell make a commercial discovery - upside of 100-200% to 0.002 entry (that may even be conservative given how likely the market is to get carried away)
• Both Total & Shell make a commercial discovery - unlikely to happen but the upside would clearly be significant...
Thought I would share the reasons why I am in PCL right now,...
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $138.2M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.7¢ | $13.92K | 819.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 15475582 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 7028412 | 7 |
View Market Depth
| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| PCL (ASX) Chart |