perhaps shes just following the POO and a little fall out from BHP,s recent buy into (in the USA) the shale industry.
As you well know Lash the potential of this company has been huge BUT Anna bligh put the skids under it with the 2yr moratorium that sent the Oil shale business into free fall.
Now I think we are at or close to the end of that 2yr sentence and maybe JUST maybe one day this country will wake up to the knowledge that this company along with other (long dead) sit on billion of barrels of shale extracted oil.
The old SPP was well on its way with extraction and plant and was turning out a very good product.I still can,t speak about that company without tears of rage and anger when I think back on how that was cheated out of us.
The Greens have a lot to answere for.Their sticky figures are all over this.
If the industry had been allowed to develope ,today Australia would have independence from oil imports BUT no Bligh and the likes have seen to that.
Their is a little hope tho and that is Bligh will be kicked out and a more progressive competant Govt put in that might give us some hope.
Meanwhile can,t think of any other reaso0n for the shpr increase...sorry about the rave but get very angry when I see whats happened over the years.
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3.2¢ |
Change
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Mkt cap ! $11.46M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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1 | 98229 | 3.2¢ |
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Price($) | Vol. | No. |
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3.4¢ | 51618 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 90000 | 0.011 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
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Price($) | Vol. | No. |
---|---|---|
0.033 | 102609 | 1 |
0.036 | 40000 | 1 |
0.068 | 588888 | 1 |
0.000 | 0 | 0 |
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