Hold a very small amount again. Very unimpressed with the formal communications channels of this company and I don't believe I'll be the only person telephoning ASIC. Allowing the stock to trade on a leak, confirmed in the first instance by the paid VIL analyst is a breach if ever there was one.
Anyway back to the play. GO is sort of correct as far as SD goes IMHO. If they had more to report they would I guess but on the other hand the well may at least pay for itself and open the play. A CR is essential and the company is I guess hoping that the CR will get some insto interest. Gulfsands will likely be interested ....... so how this works out I'm not sure. IF Gulfsands takes a position they won't sell it. If the CR is more open then dilution could take the stock back.
I note there is NO assurance of commerciality HOWEVER the seismic was stuffed up. My guess is that some seismic rework will be necessary before we know what we have....
cheers
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10.5¢ |
Change
0.008(8.25%) |
Mkt cap ! $60.05M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 10.0¢ | $28.09K | 278.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12118 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 419555 | 3 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
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