hard to say - at the moment I would rate the current well a 58:42 shot - if it comes through (about end of August) then it will probably rerate to somewhere about 25 cents initially then ease back to 15-18 cents. Longer term (1-2 years) it will then appreciate slowly until a major buys out the project - 70 cents to a $1 at an oil price between US$40-$55 - higher SP if POO is higher still.
88E Value, page-3
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.1¢ | $27.03K | 13.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 359 | 956509315 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 8325743 | 6 |
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| Last trade - 14.55pm 08/11/2024 (20 minute delay) ? |
| 88E (ASX) Chart |