OEL returned $100m to shareholders after selling an asset in the Philippines (Galoc) Now that asset was really tiny compared to SNE.
To sell a proven oil field like SNE should fetch $10 / barrel in my view. If FAR have 100m barrels then a good price would be somewhere between $600M-$1000M
Shareholders stymied, page-56
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Last
45.5¢ |
Change
-0.005(1.09%) |
Mkt cap ! $42.04M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 46.5¢ | 45.5¢ | $160.1K | 347.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 86870 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 121519 | 4 |
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| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |