Another issue that needs to be acknowledged is that ...there are two company makers successfully drilled.....and the share price increased from 4cents.....
unfortunately we may not have any good news on these wells for about 3 to 4 months....
with 3billion share on issue....some sharholders may get tired of waiting for the good news and will sell down....and probably make some profits..
the above is in addition to the falling oil price...and probably just as important .....
I expect that the share price will hit 5cents before we get a good bounce...
dyor
End of oil company's, page-31
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Last
50.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.0¢ | 49.5¢ | $43.20K | 86.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21776 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 94070 | 2 |
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| Last trade - 15.57pm 23/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |