AV...you are assuming that MAY will be paid in $US for say the total 5000bls/day in potential production.
This sounds a lot better than the actual what is at stake here....Assuming you are correct and that
MAY's share becomes the 30% entitlement 1500bbls/day... in regard to actual income, that will
clearly have the potential to impact any share price movement.
If you do the potential turnover/net numbers based on the above potential share at say 1500bls/day net to MAY you will
have a hard time, based on any say potential industry based net EBIT basis, coming up with a share price at much more than current level...
After all there are over 3,000,000,000 shares on issue...
Cheers
Ann: Block 9 - Maiden Contingent Resources, page-298
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Last
2.2¢ |
Change
0.002(10.0%) |
Mkt cap ! $74.14M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.2¢ | 2.1¢ | $84.79K | 4.027M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1397391 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 1251398 | 8 |
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| Last trade - 16.10pm 12/08/2024 (20 minute delay) ? |
| MAY (ASX) Chart |