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2.08%

2.5¢ pancontinental energy nl

General Thoughts, page-3330

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Hittman

2,684 Posts.

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18/04/24

08:02

Post #: 73398458
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Originally posted by suzywong ↑

I can only go back 10 years max for this info.
2014 Annual Report shows that PCL had 1 billion shares on issue at this time.

So much less shares on issue sent PCL stock to 22c in the lead up to drill and drilling in 2011 or whenever it was.
But I'm guessing from my fading memory that the oil target then was no where near as big as what it's going to be at Saturn in Namibia when we drill this time.
100's of millions of barrels back then compared to multiple billions of barrels now.
Regardless, the stock is going to run higher in the lead up to spud.
To what exact price, is anyone's guess.

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We should get a boost on a Farmin deal. If WDS announce a multi drill program, another boost.

If the drill targets are not dusters, an even bigger boost.

I just hope we are not on the back burner for the moment while WDS deal with their issues.

PCL Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.5¢		Change 0.001(2.08%)		Mkt cap ! $198.8M

Open	High	Low	Value	Volume
2.5¢	2.5¢	2.4¢	$91.63K	3.773M

Buyers (Bids)

No.	Vol.	Price($)
13	3034387	2.4¢

Sellers (Offers)

Price($)	Vol.	No.
2.5¢	9012585	18

View Market Depth

No.	Vol.	Price($)
13	3034387	0.024
16	6727010	0.023
22	9832132	0.022
17	10129936	0.021
19	15716500	0.020

Price($)	Vol.	No.
0.025	9012585	18
0.026	3566621	7
0.027	10496942	14
0.028	6566435	16
0.029	4131590	10

Last trade - 13.42pm 21/05/2024 (20 minute delay)


Last 2.4¢			Change 0.001 ( 0.00 %)
Open	High		Low	Volume
2.5¢	2.5¢		2.4¢	3088200
Last updated 13.30pm 21/05/2024 ?

PCL (ASX) Chart