In the last 6 months OEL has paid down their entire debt of $35.6 million from the profits of their production from the Galoc field opperations. The company is now debt free and sitting on an ever increasing stack of cash.
I think once people read the next quarterly they will catch onto this little cash cow.
people are waking up to this cash machine, page-3
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Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $321 | 26.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7002714 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 12064881 | 20 |
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| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| OEL (ASX) Chart |