>I think management are selling the options into the stock...
Could be. in which case there is a floor of 12.5c (no point selling at 12c if your option is 12c).
>...not a lot of SP movement I'd imagine without any pending drilling activity.....
I thought they were re completing SM37 F4 with a tug? Max 150 barrels per day target. But at 100% BYE (80%NRI?) and oil at $80 that's $US9.6K gross per day, about 250KUSD per month (9.6x27)with no extra overhead.
Ann: Quarterly Activities and Cashflow Report, page-57
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Last
5.2¢ |
Change
0.001(1.96%) |
Mkt cap ! $56.09M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.2¢ | 5.1¢ | $61.39K | 1.195M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1333463 | 5.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 192177 | 4 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BYE (ASX) Chart |