Unfortunately I think it will be a long slow road ahead as neither of those two results are particularly significant. They only have a small percentage of the horizontal well, and even a good frac result will not help short term given the flow rates will still be relatovely modest and the current domestic gas price is low. I still like the gas project, but it just won't excite the market at the moment.
I think the only medium term serious action would be a positive Stokes Bay re-entry or success on NW Alice, but think the Appalachian area will be great over the long term.
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Last
$3.97 |
Change
-0.050(1.24%) |
Mkt cap ! $2.605B |
Open | High | Low | Value | Volume |
$4.06 | $4.07 | $3.97 | $2.957M | 738.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4537 | $3.97 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.99 | 1498 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4537 | 3.970 |
5 | 22755 | 3.960 |
3 | 30277 | 3.950 |
2 | 11967 | 3.940 |
1 | 2823 | 3.930 |
Price($) | Vol. | No. |
---|---|---|
3.990 | 1498 | 3 |
4.000 | 2823 | 1 |
4.010 | 16419 | 4 |
4.020 | 32600 | 3 |
4.030 | 11967 | 2 |
Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
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