with a $20 million market cap, these guys don't have to dominate this space for their to be serious gains to the sp. even a 5% market share would still be sufficient imho.
they own rigs & other related infrastructure to their business. have been profitable and paid dividends for the past 2-3 years which to me shows a degree of good corporate governance.
imho these guys have been hit hard and shocked by the loss of a couple of contracts but they should turn it around. id wait for some sp consolidation and look at entering again sometime down the track...
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.558M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $9.374K | 3.749M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 19322242 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 5988520 | 9 |
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| Last trade - 11.46am 24/06/2025 (20 minute delay) ? |
| AUK (ASX) Chart |