Sorry JudyD but you are missing the value of the share/company. Cap value is $5.8M for this number of shares. I have BUL which is not drilling, has no wells operating and no cashflow but has a cap of $27M. There are similar examples of dormant oilers/gas companies.
On that basis I would think ROG, with a working well that looks about to generate cash flow, should be at least $50M cap.
That would give a share price 10 times what it is at the moment, i.e. >$0.010
I am hoping that is what the market is starting to wake up to but then the market is a strange beast.
Good luck to all
Bardot
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Last
0.7¢ |
Change
-0.001(7.14%) |
Mkt cap ! $37.95M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $54.01K | 7.731M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
53 | 20096187 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 29011867 | 54 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
53 | 20096187 | 0.006 |
49 | 66237806 | 0.005 |
28 | 48531330 | 0.004 |
18 | 56473659 | 0.003 |
14 | 46042547 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 29011867 | 54 |
0.008 | 37033631 | 31 |
0.009 | 13298631 | 16 |
0.010 | 17939207 | 31 |
0.011 | 5078510 | 5 |
Last trade - 13.36pm 01/10/2024 (20 minute delay) ? |
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