This will amuse you.
The reservoir, production and country risk factors have not gone away, but I can finally see a reason to re-enter this stock:
The Tuatara-1 well is an attractive punt (25% POS, 3D closure, and oil in the target sands in an adjacent well in the same concession) and the downside is limited by the anticipation that will be building as the analysts realise the impact of the just-reported discovery in the low-taxed #33 concession.
So I am back in at 39c, just for a little short term punt.. see you all at 50c!
(But do not pay any attention to me. Do your own research, and take others' advice)
This will amuse you.The reservoir, production and country risk...
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $348.8M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.5¢ | $386.1K | 1.979M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 425882 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 256926 | 7 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CVN (ASX) Chart |