re: northern territory oil. kingsway oil Very late for an oil float. look at OBL .. could only raise the amount underwritten! LOL!
NT oil has good assets, better than AKK I believe, so might be ok.
Depends on whether the current crash will scare everyone off?
I've also just had a look at kingsway oil, regarding a revitalised Canning Basin, and it looks to have potential as a float. Sally May well has discovered oil in a largish structure, potential from 3MMBLS to 60MMBLS. Reservoir quality and location the problem. Also hot interest in Southern Canning basin acreage.
Interesting reading - http://www.kingswayoil.com/test/3inv_rel_announce.htm
re: northern territory oil. kingsway oil Very late for an oil...
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Last
88.5¢ |
Change
-0.015(1.67%) |
Mkt cap ! $201.8M | |||
| Open | High | Low | Value | Volume |
| 88.0¢ | 88.5¢ | 88.0¢ | $72.74K | 82.24K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 86.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 28330 | 2 |
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| Last trade - 15.38pm 04/07/2024 (20 minute delay) ? |
| NDO (ASX) Chart |