Looks like some M&A is a possibility. If that happens then it will almost certainly narrow the gap between NTA and the current share price. Despite all the doom & gloom, a $16M market cap looks extremely undervalued. The 5-10 year outlook is very good because O&G capex will have to catch up after a prolonged slump. The cycle will turn.
Ann: Operational and Strategic Update, page-2
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 (20min delay)
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Last
25.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.07M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 25.8¢ | 25.5¢ | $1.545K | 6.047K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 48476 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 21625 | 4 |
View Market Depth
| Last trade - 10.47am 22/07/2025 (20 minute delay) ? |
| MCE (ASX) Chart |