JF, it may make a profit but take away the share trading and there goes their profit. When they are profitable on oil & gas then I'd expect to see a decent re-rating.
My belief is that they've suffered due to the lack of exploration action in 2012. We were supposed to get 4 or 5 wells this year, 3 months to go.
highlights are positive, page-4
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Last
0.5¢ |
Change
-0.001(16.7%) |
Mkt cap ! $7.492M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $10.57K | 2.114M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 920307 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 6966798 | 11 |
View Market Depth
| Last trade - 13.09pm 07/11/2024 (20 minute delay) ? |
| BUY (ASX) Chart |