PCL 4.76% 2.2¢ pancontinental energy nl

It was High risk well to a new play. I think that in the short...

  1. 246 Posts.
    lightbulb Created with Sketch. 59
    It was High risk well to a new play.
    I think that in the short term upstream will inform the market the results.

    if its dry = its not nice but its not drama for pel 87/90.
    if its with oil/gas but not commerchial ... its good.
    if its discovery it can be bigger than venus and dramatic for the all basin and very dramatic to sintana and galp.
    it has extention to pel 83.

    I think that probebly it dry but i hope to be wrong about it.

    If it dry i think that the downside is limit / minor.
    if it discovery? it open new play in the basin (number 3) and the upside is high.

 
watchlist Created with Sketch. Add PCL (ASX) to my watchlist
(20min delay)
Last
2.2¢
Change
0.001(4.76%)
Mkt cap ! $178.8M
Open High Low Value Volume
2.2¢ 2.3¢ 2.2¢ $141.5K 6.419M

Buyers (Bids)

No. Vol. Price($)
11 2938754 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 4983493 1
View Market Depth
Last trade - 16.10pm 26/06/2024 (20 minute delay) ?
PCL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.