I do think, and continue to think, if GC21 flows and there is no more drilling / recompletion ppl will take notice.
That the recompletion was successful in itself is massive news as you can now look at the Enterprise value without needed to add a contingent liability for future drilling.
If anything, the Enterprise Value is now reduced by the expected value of the insurance payout.
Just need oil to stabilise and I see this heading into the 2s
Ann: GC 21 Recompletion Successfully Finalised, page-19
Add OEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $1.226K | 94.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 11798967 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 10193381 | 14 |
View Market Depth
| Last trade - 10.19am 09/10/2024 (20 minute delay) ? |
| OEL (ASX) Chart |