PCL 4.76% 2.2¢ pancontinental energy nl

Looking good?, page-2

  1. 5,709 Posts.
    lightbulb Created with Sketch. 1109
    The percentage they're left with will partly depend on how much they want up front.

    The bigger the cash upfront and better free carry the lesser will be retained. How much risk do they want? If they go for just free carry but hold a bigger %, the initial drill is more critical to be a success. If we get more cash and a free carry, the company can go on even if the initial drill is a failure.

    If after cash and free carry, I can see them left with 15-20% but who knows. Hoping for any sort of deal at this late stage.
 
watchlist Created with Sketch. Add PCL (ASX) to my watchlist
(20min delay)
Last
2.2¢
Change
0.001(4.76%)
Mkt cap ! $178.8M
Open High Low Value Volume
2.1¢ 2.2¢ 2.0¢ $166.4K 7.916M

Buyers (Bids)

No. Vol. Price($)
5 1302346 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 4313302 10
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
PCL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.