re: for blackspot Morning Pennynut,
With Wei 12-7-1 out of the way, my back of the envelope calculations put FAR's share on a successful appraisal well at somewhere in the region of $0.20 per share .. however then you have to factor in the CNOOC 51% deal which could reduce this down further to $0.10 per share but should help pay for the recovery costs with existing infrastructure being within 10kms I believe ... success with Wei 12-8-3 however would then possibly open up another 3 drills in Beibu/China so this could affect the SP further ... bottom line ... there will be a lot of emotion pushing the SP price around but I'd have a punt on it finishing somewhere between $0.20 and $0.25 if 12-8-3 came in.
Should be an interesting morning.
Blackspot
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Last
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Mkt cap ! $40.66M |
Open | High | Low | Value | Volume |
46.0¢ | 46.0¢ | 44.0¢ | $45.02K | 100.8K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 31431 | 44.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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45.0¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 31431 | 0.440 |
2 | 84485 | 0.435 |
2 | 31704 | 0.430 |
1 | 50000 | 0.425 |
2 | 36894 | 0.410 |
Price($) | Vol. | No. |
---|---|---|
0.450 | 50000 | 1 |
0.455 | 16979 | 1 |
0.460 | 52098 | 5 |
0.465 | 2600 | 2 |
0.470 | 3931 | 2 |
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