Just reading the announcement again before jumping in, it is somewhat different to what I understand is the current situation and why to the best of my knowledge there were such significant delays with Elixir closing a deal. Firstly - their preso mentions nothing about PRRT tax (40%!) so that needs to be taken into account in any cash flow projections. Also - and by far my biggest concern - is that I understand the field is NOT currently doing 1300 bopd due to an issue with one of the wells (I presume the one they mention in the preso) which apparently is one of the main production wells (according to industry sources). I think I will wait to see how the transaction all pans out before looking at this and also see the production numbers in the next quarterly which I guess is due on or before 31 July, so not long to wait. Apparently they need to complete before 30 June - so that is another risk I want to see disappear. All just my understanding and all IMHO. I'm still risk averse at the moment. Brexit/Trump/Shorten!!
DYOR!!!
- Forums
- ASX - By Stock
- TEG
- 0.002 Stack Cleared - here we go!
0.002 Stack Cleared - here we go!, page-25
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TEG (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.48M |
Open | High | Low | Value | Volume |
0.6¢ | 0.6¢ | 0.6¢ | $540 | 90K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 750449 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 6843588 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 339060 | 0.006 |
17 | 9483416 | 0.005 |
20 | 21883614 | 0.004 |
37 | 37814089 | 0.003 |
12 | 23153500 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 6843588 | 9 |
0.008 | 4541896 | 14 |
0.009 | 4310713 | 10 |
0.010 | 2151305 | 6 |
0.011 | 2466667 | 2 |
Last trade - 10.08am 08/10/2024 (20 minute delay) ? |
Featured News
TEG (ASX) Chart |