FMJ
I agree with you, share price currently is a disaster.
Why is that?
Terrible Ungani 3 well result, huge drop from $1.90
Complete incompetence of drilling Victory 1
Crazy decision not to complete testing of tight gas wells.
Oil production shut in and not economic to export (10% chance to export via Broome).
Then no drilling activity for how long and when might it re-start
Meanwhile with the company much reduced in size and zero revenue being received the Board Salary has been reduced by how much?
28 cents would be accepted as there is nothing to give current shareholder encouragement to hold or even buy more.
FMJ I agree with you, share price currently is a disaster. Why...
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Last
8.7¢ |
Change
-0.001(1.14%) |
Mkt cap ! $58.40M | |||
| Open | High | Low | Value | Volume |
| 8.8¢ | 8.8¢ | 8.7¢ | $19.60K | 223.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 225558 | 8.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.8¢ | 743622 | 1 |
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| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| BRU (ASX) Chart |