Will be interesting to c the effect on the SP tomorrow ? Cant...

  1. 29,093 Posts.
    lightbulb Created with Sketch. 644
    Will be interesting to c the effect on the SP tomorrow ?
    Cant help but think the seller of 3 million yesterday wont be able to get them back at 9.7c.
    $134Million cash cant be sneezed at and should generate afew more million in interest before the ATO ruling and 6.4c cap return after running costs.
    With the cash now in the bank perhaps the further farmout process of SC55 will quicken?
    Just need a firm rig booking( dglesson said Matt stated rig rates were substantially lower) to top this off, possibly if it is a drilling co they're trying to farmout to that would explain the hold up in not booking a rig ?
    No word of new territory etc so thats another event to look forward to.
 
watchlist Created with Sketch. Add OEL (ASX) to my watchlist
(20min delay)
Last
1.3¢
Change
0.000(0.00%)
Mkt cap ! $62.33M
Open High Low Value Volume
1.2¢ 1.3¢ 1.2¢ $98.28K 8.190M

Buyers (Bids)

No. Vol. Price($)
4 2294518 1.2¢
 

Sellers (Offers)

Price($) Vol. No.
1.3¢ 17666554 21
View Market Depth
Last trade - 16.10pm 10/07/2024 (20 minute delay) ?
OEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.