I am not expecting bad news, did you not read the announcement? They mention hydrocarbons (tight hole limited to what can say) and spending an extra $10m - that is not something you do if you think it will be a duster ???
AG seller capping price, this is a terrific risk reward opportunity to average down. Currently US 50m marker cap and will have US 36m cash after this drilling is complete. I have been invested in this dog for +10 years and because it’s been a dog everybody is standing back, that is the opportunity now !!!
I am not expecting bad news, did you not read the announcement?...
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Last
51.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $47.12M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 51.0¢ | 50.5¢ | $22.26K | 44.08K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 148595 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 102895 | 3 |
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| Last trade - 15.42pm 03/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |