If they find Oil I believe the share price wont go over 5 cents more like 2 to 3 cents range and lots needs to go right to get to this and just not one well, Problem is too many shares and if unconventional its more expensive to get oil out of the ground and you won't get the flow rates as for conventional. I know lots of ppl on HC will say i am wrong plus if POO jumps up to $100 dollars again it will be a different story but that does not look the case any time soon. I like the company but i am not expecting to be a billion company over night.
If they find Oil I believe the share price wont go over 5 cents...
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $72.33M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $52.43K | 26.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 28969840 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 680778562 | 227 |
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| Last trade - 13.39pm 11/09/2024 (20 minute delay) ? |
| 88E (ASX) Chart |