Might be out of left field but what if:
JH has more than a hunch that oil will flow from JW-1?
**He was mentioning a resrvoir size of 6MMbbl (both surprise and JW-1) in this morning's interview. Not sure how he came to that conclusion, those more learned than I may wish to set me straight.
New investors would bite at an acceptable entry price rather than the price the stock may climb to once logging results are released.
I suspect that they are timing the CR with a price point that assures the greatest uptake.
Now I can't comment on the legalities or morality of such a notion, but the cynic in me tells me that there's more to this than meets the eye.
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Last
5.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.70M |
Open | High | Low | Value | Volume |
5.5¢ | 5.5¢ | 5.5¢ | $68 | 1.229K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 347403 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.2¢ | 20428 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 347403 | 0.050 |
1 | 200000 | 0.049 |
1 | 847077 | 0.048 |
2 | 410000 | 0.047 |
1 | 100000 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.052 | 20428 | 1 |
0.053 | 4961 | 1 |
0.054 | 52341 | 1 |
0.055 | 16663 | 1 |
0.058 | 172431 | 1 |
Last trade - 10.07am 05/08/2024 (20 minute delay) ? |
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