BYE has unfortunately had a couple of dud drills in recent 1-2 years , so I think the market will factor in a bit of risk in BYE's list of prospects
They need to prove they can get the oil out of the ground and have oil flowing at a good rate.
Basically - it's not real.. until its real.
I guess if you are a believer in the management and the prospects (as i am).. simply hold on. Once the oil flows and becomes real money.. there will be a commensurate increase in share price
Keep this stock in the bottom drawer and come back in 3 years
BYE has unfortunately had a couple of dud drills in recent 1-2...
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Last
5.3¢ |
Change
-0.001(1.85%) |
Mkt cap ! $57.17M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.1¢ | $95.13K | 1.765M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 600000 | 5.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 164080 | 2 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| BYE (ASX) Chart |