BRK under their CEO has been active opening lots of wells(correct me I’m wrong BRK Holders) and BRK has gone from 0.041 AUD July 2021 to 0.011AUD today.
Where as SHE has gone from 0.026AUD to 0.014. I.e. BRK has fallen a lot more than SHE despite more activity reported from BRK.
Waiting for quality profitable wells at the right time is what keeps SHE net Cash strong.
Oil can only be unfashionable for a while.Green Energy Versus Oil, The dichotomy.
Green energy is being pushed,But if oil prices go low then this will undermine the adoption of Green energy as oil would whilst low be seen as a cheap alternative energy source.
If they want Green energy to replace Oil and Gas, then their needs to be an economics incentive, such as driving the price of oil HIGH to make it unattractive as a source of energy.
And if the price of oil is driven high then SHE and BRK profits rise.
Oil might be demonised on the media, but it drives the economy and China, India and a lot of the world are not going to drop it anytime soon.
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.159M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1125000 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 1089047 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1125000 | 0.008 |
3 | 1825124 | 0.007 |
2 | 340009 | 0.006 |
2 | 1000000 | 0.005 |
2 | 1300000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 1089047 | 3 |
0.011 | 20690 | 1 |
0.013 | 100000 | 1 |
0.014 | 111111 | 1 |
0.015 | 265688 | 2 |
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