Perhaps. But the balance sheet is quite strong at the moment, and there are a few things happening in the first 6 months of 2022 that 'could' lead to a rerating.
In the immediate short term (next 4 weeks), there might be further falls as you suggest. With the above considered though, I think people will see 'opportunity' in the teens (myself - I am thinking of entering again at around 0.15 - 0.16).
Perhaps. But the balance sheet is quite strong at the moment,...
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Last
20.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $171.2M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 20.0¢ | $15.10K | 75.16K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 292 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 16440 | 2 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| OIL (ASX) Chart |