Not much to be said after reading it.
Management own a massive 0.08% of the company.
Since 2013 they have lost $26 million.
Now they are thinking of reviving the coal project (DFS to be done all over again).
Derby block required 2 wells to be drilled.. now none until the end of next year.
I cannot deny the share price appreciation, but.... the company now has more debt than cash, yet continues to buy its own shares on market.
I can only look forward to reading next years accounts....
Ann: Full Year Statutory Accounts, page-2
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Last
3.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.616M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500499 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 1 | 1 |
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| Last trade - 16.33pm 02/10/2024 (20 minute delay) ? |
| REY (ASX) Chart |
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