Bout time we have someone to debate lol...
Perhaps not a screaming buy but there is more upside than downside potential... tis the reason why most of us are playin the game... taking calculated risks... risk reward n all that...
These guys have an abundance of discovered resources. To me they are in a better position say compared to Karoon Gas or any other explorer. The risk is about doin a deal. Making a deal sounds easier than actually finding decent oil/gas fields.
But yes a deal needs to involve Shell willing to change the arrangements over the field.
Even if they dont make a deal on Crux maybe they need to pursue value by selling part of LT & focusing on further exploration elsewhere...
disconnect, page-4
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Last
22.5¢ |
Change
-0.015(6.25%) |
Mkt cap ! $65.73M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.5¢ | 20.0¢ | $50.64K | 245.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 27019 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 1221 | 1 |
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| Last trade - 15.46pm 04/09/2024 (20 minute delay) ? |
| NXS (ASX) Chart |