All this who's buying and who's selling only matters in the short to medium term.
IMO the strategy is quite simple here, derisk into the drilling hype which typically comes a few weeks out and peaks around the expected results window.
I will derisk but retain sufficient exposure to be life changing if they pull it off, it's frontier exploration so nobody knows for sure what they will find but the team and initial information suggests a reasonable likelihood of a major discovery, the target is 7.6TCF which is worth around $60b if it gets to sales gas stage, it's an elephant sized prospect. If they do hit commercial coals then you'd not want to be worrying about pips
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6.0¢ |
Change
-0.001(1.64%) |
Mkt cap ! $71.80M |
Open | High | Low | Value | Volume |
6.1¢ | 6.2¢ | 6.0¢ | $123.3K | 2.023M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
31 | 2481876 | 6.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.1¢ | 22316 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 2481876 | 0.060 |
6 | 498944 | 0.059 |
5 | 174209 | 0.058 |
7 | 411596 | 0.057 |
8 | 237071 | 0.056 |
Price($) | Vol. | No. |
---|---|---|
0.061 | 22316 | 2 |
0.062 | 826447 | 6 |
0.063 | 171200 | 2 |
0.064 | 180573 | 3 |
0.065 | 225000 | 2 |
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