After today's trade I have updated my chart to show the closing Enterprise Value (Market Capitalisation less cash of $4M plus zero debt) compared to the estimated value of one to three wells with up to 16 metre pay zones.
Even after the massive trade and volume today there is a yawning gap between the EV and these estimated values.
V
Ann: Net Pay of 16 Metres at Killanoola Oil Project - SA, page-510
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 (20min delay)
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Last
0.5¢ |
Change
-0.001(9.09%) |
Mkt cap ! $27.11M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.6¢ | 0.5¢ | $17.84K | 3.568M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 72552779 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 89375137 | 43 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| ROG (ASX) Chart |