I agree. I think the market is completely mispricing PNG on the basis that there's been a significant discovery at the recently drilled Tingu well and now a positive result from the flow testing at Ketu. Looks like management are on the march but the market has failed to react. Expect a bump when the cash from Osaka gas hits the books on award of PDL.
brokers looking bullish for sept qtr, page-12
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Last
19.5¢ |
Change
0.005(2.63%) |
Mkt cap ! $316.4M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 18.8¢ | $228.1K | 1.175M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 398475 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 41717 | 1 |
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| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| HZN (ASX) Chart |