There is no surprises in the financials here - SHE have effectively converted current assets (ie cash) into non-current assets (E&P and Production assets), which sets them up for increased cash generation in the current & future period.
The little nugget that I was very very happy to read was this update on Myall Creek:
"Myall Creek-2 (Surat Basin, QLD)
Despite delays due to Armour’s being placed into administration and subsequent restructure (Armour has now been acquired by ADZ a privately held company) the agreed intention of the joint venture parties is to progress and complete the planned frac stimulation and realise production revenue and ultimately a return on the Myall Creek 2 investment during the course of 2024."
Nice
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.159M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1263120 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 125000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 1263120 | 0.008 |
5 | 5300824 | 0.007 |
2 | 340009 | 0.006 |
2 | 1000000 | 0.005 |
2 | 1300000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 125000 | 1 |
0.010 | 1100000 | 2 |
0.011 | 1444274 | 3 |
0.012 | 421052 | 1 |
0.013 | 100000 | 1 |
Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
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