From my prospective the main positive is that this company is making money (rare in small caps). the main negative i see is that the oil field is going to run out in a few years with the current oil rate. If i was to invest now, what returns would i expect? i asked before if there was a chance of dividends, and the response was it won't happen.
On the last quarterly statement, i didn't see any information new prospects or new projects. so from my prospective, the company is not growing, and the money they are making will just feed their pockets.
happy to be proven wrong but that is how i feel.
Ann: December Quarterly Activities Report & Appendix 5B, page-6
-
- There are more pages in this discussion • 52 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BAS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $31.94M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 11.0¢ | $187.6K | 1.593M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 44275 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 214206 | 4 |
View Market Depth
| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| BAS (ASX) Chart |