I think it's cheap too, but what is going to catalyse a rerate?
As the financial report indicates, BPT is drilling "near" to T41/p in a "similar geological setting" soonish. Not sure if I could comment on how positive that sounds, but maybe TDO will be able to raise equity/debt a little more easily if West Triton finally hits something.
If not, I'm calling for that rig to be scuttled.
report out, page-3
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Last
7.8¢ |
Change
-0.006(7.14%) |
Mkt cap ! $25.85M | |||
| Open | High | Low | Value | Volume |
| 8.3¢ | 8.3¢ | 7.8¢ | $6.296K | 78.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1063012 | 7.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.4¢ | 75000 | 1 |
View Market Depth
| Last trade - 15.57pm 12/07/2024 (20 minute delay) ? |
| TDO (ASX) Chart |