the stock was priced solidly before the Jewel produced on the probability that it was a success, as they all are low risk developments.
The market should start to really understand, after rangers, that theres 18 more to come, and they were no flukes.
Its conversion of exploitation , not exploration. Regions with old vertical wells, that benefit from new techniques.
Who is selling ? Anyone taking profit. Needing a pay day. Sometimes its that simple.
But where is the company going, you have to look a year ahead, two, three, with multiple cash wells and new acres acquired.
Its not going back to a micro cap, its possibly getting reaped at the moment from those who backed it at a micro cap, to pay for whatever, and probably keeping a lot of free carried stock.
The market likes a proven winner, and a proven formulae for success.
Where is it going to be next year ? Dont sweat the volatility.
70m =>25m ? or 70m=>200m ?
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $47.72M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $11.34K | 1.151M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
37 | 25064516 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 15355946 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
37 | 25064516 | 0.009 |
25 | 17555321 | 0.008 |
9 | 4405142 | 0.007 |
6 | 2421677 | 0.006 |
8 | 2758001 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 14355946 | 16 |
0.011 | 50443414 | 49 |
0.012 | 11254609 | 16 |
0.013 | 15767673 | 15 |
0.014 | 12121951 | 14 |
Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
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