Nope incorrect because appraisal prices in potential and risk. Right now with the well ahead this is low risk Together with discovery of oil already made. Hence will continue the upward trend towards all time high. Remember 9 cents we are a 300 million market cap and match many junior O&G players that haven’t even discovered oil or neither the resource with infrastructure all ready to go
This will return to all time highs and go through it
May Chart, page-4089
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $74.14M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.1¢ | $444.7K | 19.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2048367 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 1402823 | 5 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| MAY (ASX) Chart |