I really do wonder if the SP is just going to go down after the results are out. Obviously I hope it goes up (significantly) but I wouldn't be surprised if it went down on good news. Why? because if they aren't going to spud the first well until Oct/Nov/Dec 2015 - what is there to drive the SP in the short term?
It's great to announce good results, it's great to announce resource estimate increases, it's great to announce a drilling campaign, but it all means bugger all in the short term if the drilling is 7-9months away.
I really hope I am wrong, but I just have this horrible feeling I might be right :<
Exhaustion setting in!, page-31
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Last
51.0¢ |
Change
0.005(0.99%) |
Mkt cap ! $47.12M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 51.0¢ | 50.0¢ | $58.74K | 117.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 215000 | 2 |
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| Last trade - 10.25am 16/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |