WN
A good post because it asks the obvious question of why no share price appreciation after the successful drilling at SNE4. I am in full agreement with you that size of resource can only go one way after they take into account further results from BEL-1 and SNE4. I don't however believe it is due to a CR overhang. We simply need the money from CR's to stay in the game. The money invested to date has had significant success in adding to our resource base.
My view is that current activity on our share price is just being played by shorters, high frequency trading and very short term investors. Everyone else is just hanging back to see results from latest resource updates and timing of DOC. Obviously POO and overall poor market sentiment are also factors.
I know I am in serious danger of sounding like a worn out record but Q3/Q4 is going to be an interesting time IMO.
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Last
50.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.66M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 41096 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.0¢ | 345490 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 41096 | 0.500 |
2 | 32029 | 0.495 |
1 | 38794 | 0.475 |
1 | 42553 | 0.470 |
1 | 3000 | 0.465 |
Price($) | Vol. | No. |
---|---|---|
0.510 | 345490 | 5 |
0.515 | 8560 | 2 |
0.520 | 415246 | 10 |
0.540 | 451 | 1 |
0.550 | 2285 | 1 |
Last trade - 07.00am 06/11/2024 (20 minute delay) ? |
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