PE mutiples are only useful if cashflows remain relatively constant. The facts are OEL will pick up much more production though this will over time not get replaced unless they have success elsewhere. Personally i would be happy with a shareprice doubling on phase #2 success and getting a rig ready to drill cinco.
sell depth, page-3
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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¢ | $5.9K | 491.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 12272711 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 4964014 | 9 |
View Market Depth
| Last trade - 10.06am 19/07/2024 (20 minute delay) ? |
| OEL (ASX) Chart |