dilutionary to what...it doesn't earn anthing meaningful yet...and in order to do so, it needs to raise money...how much do you think it costs to generate $50 mill USD free cashflow per annum....it aint free my friend...u need some capex spend to get there...wells, equipment, drillers, transport, admin...etc. I would rather have a company with all the cash it needs than a company that is for always going back for more. This way its a one hit play and then no more issue required...ever!!
you are all wrong apart from price, page-10
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Last
88.5¢ |
Change
0.035(4.12%) |
Mkt cap ! $201.8M | |||
| Open | High | Low | Value | Volume |
| 85.5¢ | 88.5¢ | 83.0¢ | $23.49K | 28.07K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | 88.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 89.0¢ | 2579 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| NDO (ASX) Chart |