I'm trying to come up with some sort of updated valuation based on FY21 guidance.
It mentions 3.4 million barrels of oil to be produced at a $30 per barrel profit, does this means annual profit may be between $900m to $1bil?
what p/e is appropriate? and an appropriate market cap?
brent oil passes 70USD, page-3
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Last
$1.88 |
Change
-0.025(1.32%) |
Mkt cap ! $1.517B | |||
| Open | High | Low | Value | Volume |
| $1.91 | $1.91 | $1.87 | $3.381M | 1.795M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 59385 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.88 | 51629 | 28 |
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| Last trade - 13.03pm 17/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |