Totally agree. We have to take the co's word on the find and have to stop thinking the co or the govt is hiding something. Finding natural resources hundreds of meters under the ground isn't easy. Hopefully with further analyst PCL can learn from this first find. They'll drill again in H1 2013 but before then I don't see any real catalyst for the stock to rally any significant amnt. If they eventually find a large quantity of gas or oil then this is a A$1.50 stock easy. If not this will continue to be a penny stock traded by retail investors looking for a quick win. This is a high risk investment, we shouldn't forget that
Totally agree. We have to take the co's word on the find and...
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Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $178.8M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.2¢ | $83.02K | 3.770M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 582891 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 5798876 | 11 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| PCL (ASX) Chart |