The recent 0.4c overhang from Lindh is probably related to the options he exercised.
Sometimes people need cash... divorce, fancy new house, whatever...
You could view it as frustrating or opportunity.
Now given the current operating performance of the company - cash flow positive, the pending self funding drill program, an acquisition looming, $68/barrel oil price... I see opportunity
It is fair to say we would be bid 0.5c if it wasn't for Lindh selling down, so how much does he have to go?
10 - 20M shares?
Nice.
I bought another 3M this morning.
.
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Last
6.5¢ |
Change
-0.006(8.45%) |
Mkt cap ! $26.13M |
Open | High | Low | Value | Volume |
6.9¢ | 6.9¢ | 6.5¢ | $18.97K | 286.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 31250 | 6.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 1047 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 40409156 | 0.002 |
15 | 11398553 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 2915000 | 2 |
0.004 | 34531772 | 28 |
0.005 | 6804239 | 9 |
0.006 | 6490111 | 9 |
0.007 | 5650225 | 6 |
Last trade - 15.53pm 07/11/2024 (20 minute delay) ? |
BAS (ASX) Chart |