Jordan,
Your post is absolutely spot on. Just more noise from the usual suspects designed to pull the price down lower. The volume pulling the price down is miniscule. There is no massive sell-off taking place, just a few nervous nellies who have a lower risk threshold.
$24 mil has to be expended first by Shell, let's not forget that. And by the way, the price of oil is going up chaps, not down. Laughable at best some of the suggestions re CR on this thread. IMHO, a there's more chance of a meteor hitting the earth than a CR before spud. After we get some results, who knows. Before deciding upon the accuracy or otherwise of the opinions of some people on this thread, just ask yourself the question, why are banging on about a CR? What's in it for them (particularly those who don't own any shares at this juncture).
Geeting boring listening to the daily dose of tripe.
DYOR.
drilling...., page-11
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Last
85.0¢ |
Change
-0.003(0.29%) |
Mkt cap ! $193.8M | |||
| Open | High | Low | Value | Volume |
| 85.5¢ | 86.8¢ | 85.0¢ | $75.81K | 88.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 605 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.5¢ | 2424 | 1 |
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| Last trade - 15.25pm 14/10/2024 (20 minute delay) ? |
| NDO (ASX) Chart |