Nice find Agent! I've been after that for the last couple of weeks.
A simple observation:
the Olmos doco listed the total proved future net revenue as $72m 94% operated and sold for $12.4m ($72m x 94% / $12.4m) = a factor of 5.46
The EFS doco lists the total proved future net revenue as $1.5b 98% WI.
Using the same formula this gives a price estimate of $268m or about $1.10 a share
- Forums
- ASX - By Stock
- TXN
- txn enters asx 300