The delay has helped to kill the SP - though in this market even companies such as Beach with great production and oil/cash reserves are being punished to a mere fraction of fair price so what hope would BUR have anyway!
The recovery will come - maybe over 15c as a first leg up to 20c if Marlin 2 is half-way reasonable.
I hold too many to consider selling down at this price given the underlying value in the company at gas prices which have become absurd - over double projects prices giving BUR 3-4 times increased profit margins. Heading into the US autumn shortly certainly isn't going to hurt gas prices either as gas follows oil into the predicted gas boom of 2009/10. We could see $20/MMBtu within 12 months and some huge profit numbers from BUR.
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The delay has helped to kill the SP - though in this market even...
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.78M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 59523 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 6000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 59523 | 0.105 |
5 | 151999 | 0.100 |
1 | 100000 | 0.081 |
1 | 60000 | 0.080 |
1 | 500000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 145615 | 2 |
0.130 | 675473 | 3 |
0.135 | 36000 | 1 |
0.145 | 100000 | 1 |
0.150 | 64285 | 2 |
Last trade - 16.12pm 09/08/2024 (20 minute delay) ? |
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BUR (ASX) Chart |
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