Definitely something to think about. I am considering whether to build my holding in medium term, even though I'm already overweight in this company. Probably a better idea for me to diversify at this stage I guess. I don't know, I worry I'm underestimating the probability of failure, which I feel is very low. It's feels more like a case of when, than if, for this enterprise, as it's purely technical challenges, no fundamental issues with heat loss etc.
I do wonder when it will start picking up, pre GFC I was thinking if I don't build up a holding, the price might get away from me. Even so it's still done better than some of the recovered mining stocks.
If people were looking to build up a holding, what milestone would you be looking at as the buy signal - commercial demonstration, government legislative changes? I'm still focused on the multi fracture stimulation demonstration, I feel that's the biggest hurdle remaining.
If the company valuation was to increase to $700m by 2013, where would you expect the bulk of price growth to occur - gradual or a spike in the final months?
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Definitely something to think about. I am considering whether to...
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Change
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Mkt cap ! $1.727M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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73 | 120556090 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.2¢ | 75320482 | 25 |
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No. | Vol. | Price($) |
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73 | 120556090 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
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Price($) | Vol. | No. |
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0.002 | 75320482 | 25 |
0.003 | 20790775 | 20 |
0.004 | 1753578 | 5 |
0.005 | 3791800 | 4 |
0.006 | 269000 | 1 |
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