For those interested in metrics @ 1.9c - SP still seems well under fair value
EV sitting around 1.2x Net Income (annualised) before accounting for potential uplift from wells being considered, GC#21, Vick ......
Not sure if other posters noted but MU did drop mention of FTE within OEL decreasing to 7 (i believe this was as high as 13 in the last annual report). Sounds like they are streamlining for divestment of assets for MU to hit those liquidity events he needs to book a bonus.
Technical update, page-125
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $9.434K | 786.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2365954 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 4046353 | 6 |
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| Last trade - 10.06am 25/07/2024 (20 minute delay) ? |
| OEL (ASX) Chart |