What ridiculous conditions of sale.
USD1 mil paid up front and the remaining USD2.5 mil in staggered amounts IF a discovery is made that exceeds 100million barrels.
Now, why the farq would you sell your 'small 10%' interest under those terms? If there isnt a discovery what happens to the remaining 2.5mil that is owed?
And if there is a discovery of 100mil barrels, what would that be worth to COE if they kept their 10% interest?
God knows what Mike Scott & Co. are thinking.
I'll post Mike Scott & Greg Hanc ock's email address' on Monday
cambodia sale not impressed, page-10
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $567.6M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 21.5¢ | $272.0K | 1.242M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 457152 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 17446 | 8 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| COE (ASX) Chart |