- So market cap of $A62.7m at 1.3c.
- Net cash USD$34.1m or call it A$51.7m at AUD/USD 0.66
- Implies a total enterprise value of just $11.1m
- EBITDA for the half of USD$4.9m or A$7.5m
- Insurance proceeds expected this quarter of US$1.75m
- Overheads high but coming down
- So FOR THE HALF it's trading at ~1.5x EV/EBITDA pre insurance proceeds and pre payout. Likely <1x EV/EBITDA for 2024
So while gas prices aren't great, IMO this is priced even worse. Looks good value if you ask me
Ann: H1 FY24 Results and Half Year Report, page-6
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Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $12.34K | 1.028M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 17892904 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 12332282 | 21 |
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| OEL (ASX) Chart |