Transformational acquisition!
They are getting paid $30m to take on a producing asset with all infrastructure in place. Not only that it sources energy from coal mines and hence cleans up the environment at the same time. The sunk costs on infrastructure alone are greater than $1bn
The Reserves of the project are higher than that of Warrengo Energy which got taken over for $430m, which didn't have infrastructure and wasn't in production. This is already producing and selling gas to incitec pivot already!
Truly a transformational acquisition.
Transformational acquisition!They are getting paid $30m to take...
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Last
4.4¢ |
Change
-0.001(2.22%) |
Mkt cap ! $88.55M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.7¢ | 4.3¢ | $228.6K | 5.093M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 159614 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 374204 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
4.4¢ |
Change
-0.001 ( 3.93 %) |
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| Open | High | Low | Volume | ||
| 4.6¢ | 4.7¢ | 4.4¢ | 3443694 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| QPM (ASX) Chart |