5GN 3.23% 15.0¢ 5g networks limited.

lost their oil, page-7

  1. 325 Posts.
    Price, as usual, drifts down on absence of news. Ran up to $1.07 recently prior to release of profit report and like many stocks, fell back in the post-reporting period. It will take another discovery, dramatic increase in production, a share dividend, or half yearly profit report to move the price again. I think the market is also a bit confused about all the drilling going on, discoveries not yet into production, and how do all these litlle discoveries add up.

    Its in the ASX 200 by the way, not ASX 300.

 
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