Global Petroleum as you know have de-listed from the ASX and since have recently changed their broker, all leading up to what investors see as a potential farm out deal
The sp has recovered a few percent on the LSE and in recent days the mm's have been large volumes on the bid side, the sp was up 25% Friday closing at 13%. It appears the new broker is about to publish a broker note this week maybe Monday.It will show how much the share has been ignored and the potential upside of a farm out deal and or the upside from others drilling close by, like Total and Shell in the case of PCL
I predict a large up tick of GBP come Monday, which hopefully will have an impact here.
Exxon to expand footprint in Namibia, page-24
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Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $121.9M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.7¢ | 1.4¢ | $460.3K | 30.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1775650 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 2215266 | 7 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| PCL (ASX) Chart |