Takeover chance would be low IMHO. Stones own too much of this stock for anyone to take it. Recent buying could not be them (I think) - they would have to declare it as directors / substantial holders.
We've been in an odd situation in the last few weeks with opposing forces. On the one hand we have had a huge overhang with a stack of Con Notes and options maturing. On the other hand the ducks were lining up with lots of new wells getting connected, production increasing, RBL, a war chest for aquisitions / accelerated development. I think these forces have played out over recent days and it seems buying pressure has won out.
Given the bots, X-trades, special crossings, and lack of ramping; I would imagine its a new insto making its move before the news flow hits over the next 6 weeks.
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Last
0.4¢ |
Change
0.001(14.3%) |
Mkt cap ! $3.138M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $931 | 232.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2415770 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 2477241 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 14359717 | 0.003 |
5 | 20000000 | 0.002 |
4 | 51800500 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 232802 | 2 |
0.005 | 2477241 | 5 |
0.006 | 8027961 | 7 |
0.007 | 6301142 | 4 |
0.009 | 2225376 | 3 |
Last trade - 14.01pm 22/08/2024 (20 minute delay) ? |
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