Still not understanding how ADX isn’t .50 AUD! The prospects in Austria are amazing, with ADX getting farm-ins covering 50% of the cost for 25% of the production or even 100% of the cost for 50% of the production. I understand that a $40M USD market cap E&P is risky, but there is little risk in Austria, when you prove you have a commercial find. ADX is an easy multiple from here. Look at the value of a 75% interest in 800BCF of gas in Welchau-1.
Someone please smack me down and tell me why I am wrong about this company.
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Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.09M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 231581 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 30000 | 1 |
View Market Depth
| Last trade - 16.22pm 01/08/2025 (20 minute delay) ? |
| ADX (ASX) Chart |
Day chart unavailable