re: 41 metres of mobile oil Good news was higher than expected oil in the higher M2 formation. There was about a 205 risk of failure in this well so good to have it come through. HZN, WGR and CPC all appear to have bought into this field very cheaply - around 60 cents a barrel.
HZN has spiked pre announcment and on announcment but WGR and CPC haven't moved. Naturally I hold WGR and CPC. Both still trading well below asset backing. Shoudl seem some price rises when they get out and promote the stock in the next few months.
Cheers
hots
re: 41 metres of mobile oil Good news was higher than expected...
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Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $324.6M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 19.5¢ | $137.8K | 693.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 460658 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 202116 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| HZN (ASX) Chart |