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7.6¢ bass oil limited

Ann: December Quarterly Activities Report & Appendix 5B, page-56

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ThePig

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13/03/20

20:06

Post #: 43485152
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Originally posted by jakspara: ↑

Hi frader i agree. I really wish they'd just lay out the cold hard facts and make it plain and simple for investors to understand. Technically, yes they are producing at $20pb, however, when you consider the rate at which the gov't take, their break even POO is somewhere around $32-$33pb....Brent too, so we're at least treading water atm which is a positive.....i had to dig bloody deep into the figures to nut this out. The continual confusion around these updates is doing the company's attractiveness no favours whatsoever. See, the thing is, once OPEC+ are finished posturing and oil is back above $50pb, new wells running at capacity, BAS is making some serious coin, far bigger market caps produce similar.....just need to sort out the financial mumbo jumbo so investors can work out exactly what they're buying and there'd be a significant turn in sentiment IMO.

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Do you attend their AGM's? Would love to attend and hammer this home to management and see what they say.

BAS Price at posting: 0.1¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 7.6¢		Change 0.000(0.00%)		Mkt cap ! $22.65M

Open	High	Low	Value	Volume
7.7¢	7.9¢	7.5¢	$38.61K	512.2K

Buyers (Bids)

No.	Vol.	Price($)
1	1660	7.5¢

Sellers (Offers)

Price($)	Vol.	No.
7.6¢	57765	1

View Market Depth

No.	Vol.	Price($)
1	1660	0.075
2	40463	0.074
2	60000	0.073
3	232324	0.072
2	48571	0.071

Price($)	Vol.	No.
0.076	57765	1
0.077	34006	1
0.079	16428	1
0.080	156875	2
0.081	100000	1

Last trade - 12.37pm 07/10/2024 (20 minute delay)

BAS (ASX) Chart