More than likely just folk buying a very cheap vehicle with drilling about to start.
$3.5m MC with almost $3m in cash and drilling imminent per the last announcement, late June through till September on a couple of projects.
If results are good, huge upside. If the share price triples the market cap is still sub $10m
If drilling comes up a duster. Then there is plenty of cash left to spend on something else and not too much downside if it trades back to cash backing.
More than likely just folk buying a very cheap vehicle with...
Add DBO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.855M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 39973 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 26053 | 1 |
View Market Depth
| Last trade - 16.12pm 03/05/2024 (20 minute delay) ? |
| DBO (ASX) Chart |
Day chart unavailable