I'm actually quite happy with this.
The impairment is the biggie but was announced 6 months ago, no additional impairment.
the debt reduction and cash flow positive is both encouraging and against what most shale companies experienced in 2020. Oil prices much better now and a rebound for this FY is on the cards.
If operating revenue and asset value is driven up, we will see a significant re-rate this year, this is not to mention any potential drilling (although needed medium term).
I'm actually quite happy with this. The impairment is the...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
0.001(7.14%) |
Mkt cap ! $9.885M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $4.809K | 681.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 15173483 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 2616928 | 3 |
View Market Depth
| Last trade - 15.00pm 27/06/2025 (20 minute delay) ? |
| ATS (ASX) Chart |