I don't think people should blame Management for the current SP. Unfortunately it's a mix
of the global markets taking a down turn (Greece) and the OPEC meeting which agreed to continue producing current levels of oil (causing Brent to drop to $60). Add to this that fact that we won't spud until October, the SP will (IMO) unfortunately drift lower. There is of course the likelihood of an unexpected announcement (such as a new JV / leases) or more detailed results of FAN-1/SNE-1.
I kind of hope the SP does stay low so that we all get a good opportunity to buy into a cheap CR
and then let the SP unleash during Spudding.
I just wish I didn't buy back in at 10c LOL :/
Ele.
Capital Raising, page-50
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Last
49.5¢ |
Change
0.003(0.51%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.0¢ | 49.5¢ | $25.15K | 50.41K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 90217 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 10000 | 1 |
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| FAR (ASX) Chart |