John Rawicki, State One Stockbroking
BUY RECOMMENDATIONS
New Guinea Energy (NGE)
In a revised deal with Talisman Energy, the company is set to drill between three and six exploration wells in Papua New Guinea starting in early 2011. The share price took a strong hit this year due to a dry well and at current levels appears undervalued. PNG is under-explored. Of particular appeal is the geographic proximity to China, Japan and India and the lower drilling costs available in PNG.
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Last
$1.24 |
Change
0.035(2.90%) |
Mkt cap ! $42.53M | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.24 | $1.23 | $19.47K | 15.78K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14099 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 3057 | 1 |
View Market Depth
| Last trade - 14.49pm 12/09/2025 (20 minute delay) ? |
| NGE (ASX) Chart |