I disagree: I dont think the market have factored in a loss. They just haven't factored in a gain.
If the drill is unsuccessful, I think it will be carnaged and drop another 60%. (IMO)
I'm not being negative. I have been with PCL for over a year. I am massively in the red and my only wish is they find something significant.
I think the last few years have taken the "instant gain on the spud" and O&G species aren't what they used to be....
new hartleys report, page-6
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $113.8M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.4¢ | $94.24K | 6.267M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 9218732 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 300000 | 1 |
View Market Depth
| Last trade - 15.46pm 10/09/2024 (20 minute delay) ? |
| PCL (ASX) Chart |