No interest from me for this CR by 180 markets given no drilling again till Feb/Mar 22. Markets will have a big correction by then imo. I am confident we will see sub 2c again maybe even sub 1.5c prior to next years well imo. I am more than happy to wait.
If 88 finally ever get oil to flow then I see the for sale sign erected. Will take a position next year. No rush as fundamentally the current SP imo is based on a few samples by incomplete drilling and is all Hype. Nothing more nothing less. I struggle to see this well being commercial. Without reddit this would be sub 1.5c well and truly by now in my opinion. It’s a brave new world which has surprised me big time. GLTA.
Ann: Trading Halt, page-33
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.78M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $47.01K | 19.31M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 100 | 154911817 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 551974746 | 164 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| 88E (ASX) Chart |