This is a shallow well so should know the results firstly soon. If MND paid $19m for 30% then ADX 60% is worth around $38m which is where our market cap is atm.
If they are successful in 5 folding the oil reserve in theory there should be at least a 2-3 fold share price rise.
Feel like still off the radar atm with the market.
Ann: Anshof-2 Drilling Commences, page-5
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Last
9.8¢ |
Change
-0.007(6.67%) |
Mkt cap ! $56.05M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.8¢ | $47.41K | 476.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 220000 | 9.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 7199 | 1 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| ADX (ASX) Chart |