Credit dumbness,
These are good points , Maybe in 2017 the market was more bullish, investors obviously had confidence in Stonehorse future projections and factored those in. From my point of view im glad the share price didn't rise as i managed to get sizable slice of a bargain.
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Now it appears potential investors don't have much faith in forward looking statements (SHE does not exactly spell out forward projections, like this year we are going to do 4 wells, you are left to infer those) neither do potential investors give any weight to SHE ability to sustain its income flow.
I personal believe they can easily sustain it and grow it a lot faster rate given their current cash.
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BRK has opened a lot of wells, and again their share price is below fair value..but not to the degree SHE is.
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SPUdding was mentioned in last webinar,
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Happy spud day!, page-104
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.475M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $2K | 250K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 4779449 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 10833 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 4779449 | 0.007 |
7 | 3559665 | 0.006 |
2 | 1000000 | 0.005 |
2 | 1300000 | 0.004 |
1 | 900000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 10833 | 1 |
0.010 | 620037 | 3 |
0.011 | 522176 | 2 |
0.012 | 750000 | 1 |
0.013 | 100000 | 1 |
Last trade - 14.54pm 27/06/2024 (20 minute delay) ? |
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SHE (ASX) Chart |