Just a rough calculation of 75,000 bpd and oil price $80 and cost $20, will give you a profit or cash flow of $1.5 billion dollars. Just postulate a PE of 5, and the share price should be around $14. I am happy with that. It is possible they could be paying current share price in dividend.
Enauta in Talks With Karoon to Sell 50% Stake in Atlanta Field, page-32
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Last
$1.38 |
Change
-0.025(1.79%) |
Mkt cap ! $1.071B | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.39 | $1.36 | $4.410M | 3.213M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27559 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 21371 | 3 |
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| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| KAR (ASX) Chart |