The share price is already 2.3cents below the spud morning price of 7cents...seems ur right that the market has factored in a Duster..even before any drilling gets into top gear...
Given the above there is a good chance that some research has been done. Before the drill....these people who make the decisions are not Dills.
They are experienced oily people they do sometimes find oil.
U point out issues with cash being risked.....
U should recall that there is another drill shortly after this one...even at the end of the worst possible outcome Pcl will still have some cash to carry on...and another farmout to bring in cash....
If push comes to shuv....the prospects are still worth something...
Buy...sell...hold...
Scared to buy more..me too.
Current share price is already low so why sell?
Hold.....huge upside...opens up huge potential....but..low downside cause more drilling to follow and top up the cash with a farmout..
My pick
Hold enough to make it worthwhile....good news or bad news...
IMO
- Forums
- ASX - By Stock
- PCL
- ur all ignoring the fact....
ur all ignoring the fact...., page-12
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PCL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $113.8M |
Open | High | Low | Value | Volume |
1.5¢ | 1.5¢ | 1.4¢ | $45.92K | 3.099M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 9564233 | 1.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 555171 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 9564233 | 0.014 |
9 | 2895668 | 0.013 |
11 | 7636666 | 0.012 |
8 | 3222544 | 0.011 |
4 | 2250000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 3580283 | 10 |
0.017 | 4347318 | 6 |
0.018 | 7374008 | 7 |
0.019 | 4745964 | 8 |
0.020 | 2273803 | 7 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
PCL (ASX) Chart |