Post by
Ebenizer3 on Nov 19, 2024 7:16pm
Finally....PCL...
PCL in Trading Halt till 11/22. Which is actually Thursday night our time
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02882934-6A1238457
Comment by
Wingafy on Nov 19, 2024 11:38pm
Events & Activity PCL:ASX price reached a new 52-week low of 0.013 at 23:09 GMT NOV 18 2024 PCL:ASX price moved over +3.57% to 0.0145 NOV 17 2024
Comment by
MrMoMnyMgr1995 on Nov 20, 2024 6:49am
Some very interesting outcomes could be a possibility should there be a punishment attached to this halt... Again, SEI in a very good position either way IMO
Comment by
RoyMax123 on Nov 20, 2024 7:24am
"Pancontinental is seeking the trading halt pending an announcement in relation to the Seismic Licence to Woodside" But interestingly no news pending from Woodside... Maybe it's a non event for them.
Comment by
ALLGOOD89 on Nov 20, 2024 10:42am
Woodside is a MAJOR! This is not material news for them. Business as usual for Woodside.
Comment by
celestialman10 on Nov 20, 2024 11:40am
WOODSIDE is NOT a MAJOR, MID MAJOR , a relationship with BHP.
Comment by
lamboperthv10 on Nov 20, 2024 12:59pm
Woodside is a mid major that merged with BHP Petroleum. Now named Woodside Energy. So Woodside through the BHP merger has deep water Gulf Coast Mexico drilling and production experience. But do they have the risk appetite for Offshore Namibia? Perhaps the PCL release when it comes out will shed light on this point.
Comment by
Ebenizer3 on Nov 20, 2024 3:35pm
I know you are an expert, but I would of drilled Saturn off the 2D, if you are exploring and you see that thick section of sand sitting on source rock. I mean what's 75-100 mil. With the previous discoveries and 3D it seems a bit de-risked. Hey I always enjoy your content over on HC
Comment by
ALLGOOD89 on Nov 21, 2024 5:31am
On May 19th, 2022, Woodside (WDS:ASX) announced that it had approved to be acquired by BHP Group Ltd (BHP:ASX) effective by June 1st, 2022. BHP Shareholders will receive 1 share in Woodside share for every 5.5340 BHP shares owned, along side an in-specie dividend to be paid.
Comment by
lamboperthv10 on Nov 20, 2024 1:05pm
.and here is the comment yesterday from PCL supporting broker, fwiw.