Cheers mate. It's been an exciting last couple of weeks since ice 2 started to get underway.
I'm guessing that when we get results there will be a spike and maybe a bit of profit taking or top slicing going on. I think that is prudent and has somewhat been my plan.
I think that if we get a spike to 15-16c (market cap ~ $600m)it may retrace to about half that as the sell on the news brigade march in.
However part of my thinks that DW will get a farm out pretty quickly and we may not see that retrace but instead an increase that reflects the fair value of the play. Ie we farm out 20% of our play for $600m and the 80% left gets valued at $2 bn. Ie 40c a share.
A nice entree of cream of curve soup.
ASX Today, page-6683
-
- There are more pages in this discussion • 6,073 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add 88E (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $57.78M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $15.57K | 6.090M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 247 | 357247800 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 616017987 | 229 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| 88E (ASX) Chart |