Custom, the downside from 2c (ie roughly $10M mkt cap) is limited to my thinking considering the gas prospects they hold in NSW & the Cooper (with 3 holes to funded by SXY)
I just hope SXY gets a move on & we see an increase, so as to enable PGS to raise some funds & start drilling CBM tenements in NSW, with the gas shortage story doing the rounds & NSW Govt starting to offer greater flexibility.
Major holders have 40%+ of company with New Hope holding around 20% so they have the capacity to ensure that any value in current acreage is realised.
I feel if those that are in under say 3c are OK, but those higher, like me would be a little annoyed by the lack of news & action in the stock to say the least.
DYOR
building, page-10
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Last
4.8¢ |
Change
-0.002(4.00%) |
Mkt cap ! $28.35M | |||
| Open | High | Low | Value | Volume |
| 4.9¢ | 4.9¢ | 4.8¢ | $4.611K | 94.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 126567 | 4.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 100000 | 1 |
View Market Depth
| Last trade - 15.35pm 08/11/2024 (20 minute delay) ? |
| SKY (ASX) Chart |