Very unlikely it will hit $1.90 this month.
Full year results will kill any chance of that happening.
I'm expecting NPAT to drop 37% yr on yr, Reserves to be downgraded and the outlook to be below market expectations.
The only thing that will push the SP higher is new exploration success and I'd give that a less than 30% chance of happening.
A higher oil price might help but with 2023/24 oil production likely to be only about 16% of production it really won't make a significant difference.
2024/25 will be the year the SP might increase significantly so it depends how long you want to keep your money tied up for.
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Last
$1.67 |
Change
-0.010(0.60%) |
Mkt cap ! $3.809B |
Open | High | Low | Value | Volume |
$1.70 | $1.71 | $1.67 | $6.682M | 3.973M |
Buyers (Bids)
No. | Vol. | Price($) |
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6 | 133742 | $1.67 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.68 | 5970 | 1 |
View Market Depth
No. | Vol. | Price($) |
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4 | 70947 | 1.670 |
8 | 83130 | 1.665 |
5 | 52682 | 1.660 |
7 | 123521 | 1.655 |
14 | 632830 | 1.650 |
Price($) | Vol. | No. |
---|---|---|
1.680 | 116634 | 4 |
1.685 | 69754 | 5 |
1.690 | 141464 | 7 |
1.695 | 49682 | 3 |
1.700 | 82685 | 7 |
Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
$1.68 |
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Change
-0.010 ( 0.30 %) |
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Open | High | Low | Volume | ||
$1.69 | $1.71 | $1.68 | 1601715 | ||
Last updated 15.59pm 28/05/2024 ? |
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