Fair enough, he was talking about potential.
Nevertheless, the supposed potential is a m/c increase of over $10b on a 100% increase of the oil price, which is extremely unlikely. The likely m/c increase is zero given a 0% increase of the oil price, which is realistic. And the oil exploration business is extremely risky. So it's pretty much a wild punt at this stage.
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Last
2.4¢ |
Change
0.002(9.09%) |
Mkt cap ! $27.77M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.4¢ | 2.2¢ | $31.45K | 1.369M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 268527 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 4176748 | 42 |
View Market Depth
| Last trade - 16.10pm 16/07/2025 (20 minute delay) ? |
| 88E (ASX) Chart |