Yes I think the anticipation of the drills will be a catalyst for further re-rating - given the close proximity to the existing fields I am told the chance of success is quite high. But I also feel market may price in takeover action @ 2c + or a merger with the other party. Not insinuating that is anywhere near fair value, just attempting to anticipate how market may view this situation.
Yes I think the anticipation of the drills will be a catalyst...
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $11.95M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $4.402K | 416.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 13282675 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 7039999 | 3 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
1.0¢ |
Change
0.001 ( 9.09 %) |
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| Open | High | Low | Volume | ||
| 1.1¢ | 1.1¢ | 1.0¢ | 738880 | ||
| Last updated 14.02pm 03/05/2024 ? | |||||
| VEN (ASX) Chart |