I remember all of that time clearly. At that time my broker was saying Buy/Buy and was very upbeat on Senegal - big deal coming up with Shell. Then Shell pulled out. The price went from around 15c to 4c in a couple of days - quite a shock.
Now we have the big deal - Shame about the oil price - there is always something.
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Fayjoy was talking about forward selling the oil. Maybe that will still be on the cards however at what price. Looking forward a year or two, They still may be able to sell at the $75 - $85 per barrel which would mean 'appraise and produce ASAP'
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Cairn Energy PLC (LON:CNE)‘s stock had its “outperform” rating reaffirmed by equities research analysts at RBC Capital in a research note issued to investors on Tuesday. They currently have a GBX 230 ($3.47) target price on the stock. RBC Capital’s price target would suggest a potential upside of 39.65% from the stock’s previous close.
WILSDE
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49.5¢ |
Change
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Mkt cap ! $45.74M |
Open | High | Low | Value | Volume |
49.5¢ | 49.5¢ | 49.5¢ | $495 | 1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 182044 | 49.0¢ |
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Price($) | Vol. | No. |
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49.5¢ | 44184 | 2 |
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No. | Vol. | Price($) |
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2 | 181996 | 0.490 |
2 | 104597 | 0.485 |
2 | 110000 | 0.480 |
1 | 100000 | 0.475 |
1 | 100000 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.495 | 44184 | 2 |
0.500 | 16960 | 1 |
0.510 | 102895 | 3 |
0.515 | 103300 | 2 |
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