No.
That's the short answer. I'm not sure what their costs are, but they were profitably pumping oil at much lower oil prices a year or two ago.
In terms of hedging, at current prices their hedges are actually IN the money, so there should be a positive impact on income this year from the "mark to market" of their hedge position - assuming POO stays where it is now, of course.
looks cheap at 61 , page-18
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ROC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.52M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17464 | 7.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 26592 | 1 |
View Market Depth
| Last trade - 16.12pm 06/09/2024 (20 minute delay) ? |
| ROC (ASX) Chart |
Day chart unavailable