The way I figure it (and the reason I have not sold) is;
* The only way the Board can justify no announcements is if it would be to the detriment of the company,
*. If the Board is aware of bad new / negative results and they do not let the market know they will be personally liable,
*. There is no way they do not know the results from the wells they have already dug,
*. Therefore it must be good news and the Board is improving its position (obtaining more leases) before it announces to the market and risks another company getting the leases.
*. It must be very good new if they are so concerned to protect their position.
Happy for someone to tell me how wrong I am. I have a large stake in this company so would prefer to be told I am an idiot so I can move my money
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Last
4.0¢ |
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Mkt cap ! $101.5M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
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1 | 39933 | 0.036 |
1 | 213000 | 0.033 |
2 | 199000 | 0.031 |
4 | 1300000 | 0.030 |
Price($) | Vol. | No. |
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0.038 | 3846 | 1 |
0.040 | 279802 | 1 |
0.043 | 25000 | 1 |
0.044 | 200000 | 1 |
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Last trade - 10.08am 17/06/2024 (20 minute delay) ? |
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Last updated 10.08am 17/06/2024 ? |
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