I have held this stock for years now, bought most around 5c.
I have always treated as a penny dreadful lotto stock, so I haven't been too hurt by whats happened over the years. But no-one likes losing money.
Obviously it has longer term prospects for actually finding oil, the long term lotto for big prize. But the middle term/short term lotto of getting industry players ramping/spruiking and instigating bigger player merchant buys seems to be lost.
Does anyone see that type of activity occurring with this stock anymore? or is it a stock that will never recover without epic news, no matter how much steady ship sailing it does under DR.
I think it is still a good lotto stock at 1c, but I can't and won't buy in more.
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.420M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 2443676 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 96372 | 1 |
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| Last trade - 09.30am 02/07/2025 (20 minute delay) ? |
| ZMM (ASX) Chart |
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