I think you have to concede that after the rise this stock has had in recent months, a period of consolidation is warranted. The price has done well to stay at current levels so one could argue that on current fundamentals, this is it's fair value. The only real way I can see for the price to appreciate much higher is for a significant gas and/or oil find. This is what the next three weeks are all about.
starting to build, page-10
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Last
24.0¢ |
Change
0.015(6.67%) |
Mkt cap ! $70.00M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 24.5¢ | 22.5¢ | $15.37K | 65.99K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 36776 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 3501 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| NXS (ASX) Chart |