I won't speak for others,but given the greens stated goal of no new coal,oil,or gas projects being approved(despite the utter lunacy of that position),I have to seriously re-evaluate the prospects of microcap oil ang gas explorers that are prospecting in australia. Whether such an outcome is likely,I am unsure,but I am always reminded of the Gideon Tucker quote: "No man's life, liberty, or property are safe while the legislature is in session."
The price action I am seeing on GLV and PRM(which is now trading under the issue price of the major share placement) is not something I can remember seeing in my north of 20 years playing microcap O&G.To be tanking into the drill,makes me wonder if I'm not the only one who has decided to be more risk averse given that even if successful,development may not happen unless/until the lunatics are no longer running the asylum.
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Last
3.5¢ |
Change
0.002(6.06%) |
Mkt cap ! $20.34M |
Open | High | Low | Value | Volume |
3.3¢ | 3.5¢ | 3.3¢ | $5.371K | 154.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4518 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 174200 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 65425 | 0.032 |
4 | 2197954 | 0.031 |
2 | 186000 | 0.030 |
2 | 1200000 | 0.029 |
2 | 891308 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 174200 | 2 |
0.036 | 191451 | 4 |
0.037 | 792221 | 2 |
0.038 | 100000 | 1 |
0.039 | 203948 | 2 |
Last trade - 15.49pm 27/09/2024 (20 minute delay) ? |
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