Froday day traders exit as they must on T+2 They will be back monday. Good luck if you make money trading daily but imo its better to wait til production and hold this stock.
Where in the world do you get 1 drill that penetrates 3 wells with nillions of barrells of light oil. Plus prod starts in May where can you get that with a well as normal offshore wells take years to production. Sell if you need to but give it away cheaply. The real returns are ahead once prod starts. We had a 35% rise yesterday so the lull is expected. Stock being accumulated though prob hetting institutions interested
May Chart, page-319
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Last
3.3¢ |
Change
0.001(3.13%) |
Mkt cap ! $111.2M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.4¢ | 3.3¢ | $67.83K | 2.054M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 254456 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 1556167 | 6 |
View Market Depth
| Last trade - 15.23pm 27/09/2024 (20 minute delay) ? |
| MAY (ASX) Chart |