Hi Smallfish,
I don't dispute that there will be differences, and one will be better bet than the other (TBN I'm betting on). But, they are more similar than any other stock on any exchange in the world. They are both gas explorers in a specific basin. There is more that unites them than what sets them apart, therefore, they will act in unison to some degree.
This isn't something unique to these two stocks, if you chart Karoon and Exxon Mobile for example, their movements are highly correlated.
Flare 1/28, page-55
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Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $381.1M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 18.0¢ | $39.46K | 213.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9027 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 102972 | 2 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
18.5¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 18.5¢ | 18.5¢ | 18.5¢ | 30405 | ||
| Last updated 15.09pm 05/06/2024 ? | |||||
| TBN (ASX) Chart |