The selloff over the last few days is likely partly due to expectations around the quarterly report.
The company has lost so much credibility over the past 2 to 3 years that many people sell pre the quarterly report in anticipation of it being below market expectations.
I normally do that too but decided to hold this time and take the gamble it might be ok.
I think this time it will be more about progress of the future gas production increase rather than the actual production for the quarter which is likely to drop slightly.
The selloff over the last few days is likely partly due to...
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$1.16 |
Change
0.005(0.43%) |
Mkt cap ! $2.634B | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.17 | $1.14 | $15.86M | 13.67M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35087 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 285003 | 7 |
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| BPT (ASX) Chart |