I think this is probably fair value buying around here at 1.0/1.1c, given the forward plans and current cash balances.
The main question (new) buyers will have is - it's going to be a very quiet 9-12 months until those 4 wells come online, so would I be better off waiting until June/July next year to take a position and it will still likely be around 1.1c.
And do something else with my capital in between. will keep watching here, but agree that there is nothing transformational announced
I think this is probably fair value buying around here at...
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.17M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $44.96K | 3.832M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 18688619 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 6925061 | 5 |
View Market Depth
| Last trade - 15.11pm 06/06/2024 (20 minute delay) ? |
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Last
1.1¢ |
Change
0.000 ( 8.33 %) |
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| Open | High | Low | Volume | ||
| 1.2¢ | 1.2¢ | 1.1¢ | 2120001 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| BRK (ASX) Chart |