Considering the activity affecting Oel interests at the moment, it would seem that this company is following the traits of Meo.
If you look at the Meo chart over an 18 month time frame and read some of the announcements, you will see what I mean.
Meo were seemingly very silent and cagey with their announcements and possibly still are. The share price however, took off north at a great rate for some time, based purely on potential.
It has fallen in recent months on delayed news, but the big difference between Oel and Meo is, Oel is Debt free, has money in the bank and is a producer with potentially huge up side.
It would seem that in the not too distant future, good news will present itself to the market, the market will see the huge potential, and Oel will red line out of first gear, and smoke its way down the highway of market leaders.
IMO DYOR
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $57.54M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $4.714K | 392.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 7391126 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 18351847 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 7143961 | 0.012 |
9 | 7876361 | 0.011 |
6 | 14157452 | 0.010 |
2 | 1375122 | 0.008 |
2 | 166837 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 15468729 | 13 |
0.014 | 4999235 | 10 |
0.015 | 4127000 | 5 |
0.016 | 2000000 | 1 |
0.017 | 72000 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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OEL (ASX) Chart |