The POO will always be volatile. Other miners can store inventory on the ground in times of surplus and ramp up production more quickly than oilers in times of shortage. Oil can't be stored on the ground and needs vessels to hold and increasing supply a slow grind. Hence exaggerated swings in POO.
The POO will always be volatile. Other miners can store...
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $348.8M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.5¢ | $80.01K | 402.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 1576649 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 319098 | 7 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |