BESBS (buy early, sell before spud) is a well known strategy for trading junior oilers. For the SI's who bought up 138m in the raise at 0.027, a sale at 0.039 locks in a tidy profit without facing the risks of a dry hole. They have probably had a call from their broker reminding them to do just that. Yes, they miss the potential upside but 45% in 12 months isn't bad is it?
Note to self - less greed = more profit. (but I still say buy...)
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Last
67.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $152.4M | |||
| Open | High | Low | Value | Volume |
| 67.0¢ | 67.0¢ | 66.5¢ | $64.10K | 95.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6000 | 66.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.0¢ | 4999 | 1 |
View Market Depth
| Last trade - 16.10pm 15/07/2025 (20 minute delay) ? |
| NDO (ASX) Chart |