WCG 3.03% 51.0¢ webcentral group limited.

nice move late today, page-2

  1. 1,933 Posts.
    lightbulb Created with Sketch. 16
    I'm constantly amazed at how well they hold up during this appraisal development stage. I have no doubt they will be up around the $2 mark within a year, but always thought they would fall back during this period due to the market's normal short term mentality. There is nothing exciting coming up for a few months, with all near term work on Hovea and Erimia.

    Also, you would have to think that they will be doing the next exploration drilling in the gas prone area where they have 3-D seismic; nothing wrong with gas mind you, but it's the oil that gets the market excited naturally. Despite being keen to see this start, I'd prefer to see them drill the oily area after the 3-D and you wouldn't seriously expect results from that for at least 6 months assuming they get it going soon.

    They do indicate they might drill the oily area on the 2-D and gravity though, so we'll have to wait and see. And you never know; they might find some oil in the so called gas prone area anyway when drilling near Dongara field.
watchlist Created with Sketch. Add WCG (ASX) to my watchlist
(20min delay)
Mkt cap ! $79.23M
Open High Low Value Volume
49.0¢ 51.0¢ 49.0¢ $47.36K 94.91K

Buyers (Bids)

No. Vol. Price($)
1 10000 50.5¢

Sellers (Offers)

Price($) Vol. No.
51.0¢ 1923 1
View Market Depth
Last trade - 14.07pm 14/05/2021 (20 minute delay) ?
0.015 ( 3.52 %)
Open High Low Volume
52.0¢ 52.0¢ 52.0¢ 1748
Last updated 12.16pm 14/05/2021 (live) ?
WCG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.