Almost certainly this will rally to over 20 cents, who the hell would sell after the announcement of the Independent Resources Assessment of the Upper Sheet being 2.5 billion barrels of oil in place − a combined 119 million barrels of Prospective Resource (100% share, unrisked mean estimate). Should be another announcement tomorrow that the placement funds will be used to fast track the development of the upper sheets. What a time to start production with skyrocketing oil prices. Every trader in the ASX and his dog will buying this up, wouldn't be surprised to see high 20's even 30'S and its still cheap with more major announcements coming. DO NOT SELL !
May Pre Open, page-34
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Last
3.2¢ |
Change
-0.001(3.03%) |
Mkt cap ! $111.2M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.2¢ | $86.48K | 2.674M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 964403 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 510965 | 2 |
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| Last trade - 12.04pm 09/10/2024 (20 minute delay) ? |
| MAY (ASX) Chart |