I have watched Chariot's pitiful SP performance lately, strange considering the numerous farm ins they have pulled off, and then a placement.
PCL has found oil and gas off shore Kenya, has great prospects off shore Namibia with a great farm in partner, great early shows from seismics, more encouragement by Tullow's farm in to ECO's Cooper block which is on trend, yet the SP stays rooted at 2.3c and a market cap of $26 million. It has been at this price for some time. I smell a 2cent placement which is outrageous considering the good news flow.
Any thoughts out there?
Placement
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $138.2M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.8¢ | 1.7¢ | $193.6K | 11.31M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 16761832 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 2040000 | 2 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| PCL (ASX) Chart |