depends how you are looking at the maths really.
your assuming all wells coming up at once not after each other.
or you are assuming each well will not produce any money. Once 2 -4 Wells are established income will be reinvested into the next well.
also need to take into account mc2 already paid for and potentially coming online end of the year. Also they have the option to sell brk shares also proton loan has already been paid.
this is just back of envelope I’m sure there more items I have not mentioned.
I could be mistaken with the above but is my opinion as management are very risk averse
brk went guns blazing and their sp is no better off
all imo in a quick message
- Forums
- ASX - By Stock
- SHE
- Ann: Annual Report to shareholders
Ann: Annual Report to shareholders, page-9
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SHE (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.159M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $284 | 31.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 157090 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 1000404 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 157090 | 0.009 |
2 | 1125000 | 0.008 |
3 | 1825124 | 0.007 |
2 | 340009 | 0.006 |
2 | 1000000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 1000404 | 3 |
0.013 | 100000 | 1 |
0.014 | 111111 | 1 |
0.015 | 290188 | 3 |
0.020 | 847866 | 1 |
Last trade - 12.31pm 16/08/2024 (20 minute delay) ? |
Featured News
SHE (ASX) Chart |