I will be much amused if I did actually manage to pick the bottom to start accumulating (well at least the day if not the actual by-the-minute nadir) been doing a good job of that lately, PVD, REY etc. I'm getting so lucky I'm starting to think it's experience ;)
Hope the short-covering/bounce/etc holds.. The fact i'm already annoyed I didn't buy more at $2.21 and am worrying it's too late at $2.38 is positive heh. We'll see though.
I don't think it's going to shoot back up to $2.60 of it's own accord. I would assume sideways from here until Cyrene comes in. It's really hard to know what the market will think of a positive result at Cyrene. It could be either "BRU sitting on a billion barrel shale oil resource proved by coring" or "shale oil doesn't flow even though it's not supposed to" like NSE (although they predicted and did not find wet gas) or something in between. Hell a conventional flow and a positive core result would muddy things up even further. I'm mainly talking unconventional here as it's not the biggest conventional target although it would take us back to $2.60 from here (conventional target worth up to 25c)
Then we'll have Ungani North coming back and more Ungani drilling.. Regardless of Cyrene it should be a good entry point for the next 6-8 months.
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Last
9.2¢ |
Change
-0.003(3.16%) |
Mkt cap ! $61.76M |
Open | High | Low | Value | Volume |
9.5¢ | 9.5¢ | 9.2¢ | $12.50K | 135K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 158222 | 9.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.7¢ | 195346 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 183222 | 0.092 |
3 | 113469 | 0.091 |
4 | 69177 | 0.090 |
4 | 262000 | 0.089 |
2 | 40000 | 0.088 |
Price($) | Vol. | No. |
---|---|---|
0.097 | 195346 | 3 |
0.098 | 548243 | 2 |
0.099 | 155600 | 2 |
0.100 | 222368 | 3 |
0.105 | 215000 | 1 |
Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
9.3¢ |
  |
Change
-0.003 ( 2.31 %) |
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Open | High | Low | Volume | ||
9.2¢ | 9.3¢ | 9.2¢ | 30938 | ||
Last updated 14.12pm 30/05/2024 ? |
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