PCL pancontinental energy nl

Interesting thinking - I think the psychology is quite...

  1. 5,340 Posts.
    lightbulb Created with Sketch. 1143

    Interesting thinking - I think the psychology is quite interesting. Since PCL signed the deal with WDS, the basin has de-risked significantly, but at the same time there is much more knowledge out there about what characteristics create a successful well, vs a non-successful well. So everyday that passes, WDS is either getting more and more bullish (correlating their data on Saturn, with what Venus and most recently Galp have proved up); or on the flipside, they could be getting more wary, if they are still not seeing the desired similarities/characteristics in their data to successful drills. As time passes, it's a bit of a double-edged sword. We'll find out which way it cuts shortly I'd imagine. 'Live by the sword, die by the sword'.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
1.1¢
Change
-0.001(4.35%)
Mkt cap ! $89.50M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $966 87.8K

Buyers (Bids)

No. Vol. Price($)
14 3562357 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 2400348 8
View Market Depth
Last trade - 10.48am 24/06/2025 (20 minute delay) ?
PCL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.