Hi Smallfish,
I don't dispute that there will be differences, and one will be better bet than the other (TBN I'm betting on). But, they are more similar than any other stock on any exchange in the world. They are both gas explorers in a specific basin. There is more that unites them than what sets them apart, therefore, they will act in unison to some degree.
This isn't something unique to these two stocks, if you chart Karoon and Exxon Mobile for example, their movements are highly correlated.
Flare 1/28, page-55
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Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $391.4M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.5¢ | 18.5¢ | $124.6K | 655.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 119634 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 106297 | 2 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
19.0¢ |
Change
0.000 ( 1.33 %) |
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| Open | High | Low | Volume | ||
| 18.8¢ | 19.0¢ | 18.8¢ | 328414 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| TBN (ASX) Chart |