If PCL have the luxury of a share of 200 mill bbls recoverable inventory out of this one wildcat, then the real value to us is its appeal as a takeover target with acreage PLUS inventory.
A figure of 60 cps keeps flashing my mind when i consider how a major would swoop on initial substance PLUS many many more targets whose profile would be upgraded by such a find. Pray the 3 Olympian brothers guide us to such hidden wealth.
Btw if indeed such dreams were realized then doesn't necessarily mean I would accept anything less than double that figure anyway haha.
PS Only reason why I say HOLD instead of BUY is cos I have so many anyway, impact would be great enough :)
sunbird valuations, page-2
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $113.8M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $17.70K | 1.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 6743469 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 958636 | 5 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PCL (ASX) Chart |