I agree. This stock should increase substantially over the next 18 months as the rig gets it's makeover and is placed in position.
It's been a long time coming but the purchase of the rig is a major step forward. With revenue from this field it, will be a cornerstone asset for the company which will enable it to build a medium size O&G company.
The gas project could be quite substantial for the company and with gas prices set to rise, will bode well for the company.
Things will get exciting over the next 12 months if management delivers it's plan.
It would be great to see a detailed project timeline from the company.
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Last
9.1¢ |
Change
-0.007(7.14%) |
Mkt cap ! $23.20M |
Open | High | Low | Value | Volume |
9.5¢ | 9.5¢ | 9.1¢ | $22.25K | 235.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 109999 | 9.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.9¢ | 387595 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5356 | 0.110 |
3 | 295873 | 0.105 |
3 | 454409 | 0.100 |
2 | 189731 | 0.095 |
1 | 50000 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 100000 | 1 |
0.130 | 48728 | 1 |
0.140 | 260375 | 2 |
0.145 | 70000 | 2 |
0.150 | 151165 | 2 |
Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
TDO (ASX) Chart |