crabbe21> 25 million US in the bank. 014? This price is ridiculous.
The market appears to agree with you, as the Share price has moved up to $A0.17 per share at close of day.
In other news
OEL has 4,795M shares on offer. I have a few of them. The AUDvsUSD is below $US0.63. So a 0.1c OEL dividend per share would cost $A4.8M or Just over $US3M leaving about $US 22 million in the bank for other uses. Effectively Management would be taking advantage of the low AUD to reward share holders. Which would be a nice thought before Xmas. If the trend is your friend and the AUD falls even further against the USD then a dividend would become even better value from the point of view of the company. Just a thought.
I will leave the AUDvsUSD chart here.
(Source https://www.xe.com/currencycharts/?from=AUD&to=USD&view=1Y)
All Disclaimers.
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Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $67.13M |
Open | High | Low | Value | Volume |
1.3¢ | 1.4¢ | 1.3¢ | $1.702K | 130.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 2255306 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 9656448 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 2255306 | 0.013 |
8 | 6482254 | 0.012 |
4 | 5690999 | 0.011 |
2 | 200000 | 0.010 |
2 | 245123 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 8312802 | 15 |
0.015 | 4391000 | 12 |
0.016 | 400004 | 2 |
0.017 | 3510480 | 4 |
0.018 | 349362 | 3 |
Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
1.3¢ |
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Change
0.001 ( 0.00 %) |
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Open | High | Low | Volume | ||
1.3¢ | 1.3¢ | 1.3¢ | 268229 | ||
Last updated 15.13pm 17/05/2024 ? |
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