So true, looks like WEL will be heading to low 3s in the next month based on corona virus fears.
The question will be, as China gets it under control and the people realise that its not the apocalypse, will China release a huge stimulus/infrastructure package to get things moving. Xi needs to stabilise everything if he wants to stay in power could push oil price a bit higher.
Also I'm expecting good flow rates from WH#20-6 which should hopefully push production past the 500 bopd by the end of the quarter. Whether or not that has a material effect on share price will be interesting
So true, looks like WEL will be heading to low 3s in the next...
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Last
0.2¢ |
Change
0.001(33.3%) |
Mkt cap ! $2.726M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $928 | 464.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 47700501 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 11511858 | 4 |
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| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| WEL (ASX) Chart |