10m buy at 1.3 if someone wants out still appears to be quiet accumulation the change in the top 20 at the end of Jan could be interesting ….
Higher O&G prices helping net FCF creep up over $100k USD day (OEL netting $49 BOE all in (including hedges) with production costs and wages ~$10 BOE they are netting $39 BOE before payment of debt and interest (~$14 BOE - to be fully repaid in 9 months).
The company should be rapidly approaching repaying debt to the $5.6m level which is required as restricted cash …. Surely repayment anytime now of this facility would make sense …..
10m buy at 1.3 if someone wants out still appears to be quiet...
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $9.434K | 786.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2365954 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 4046353 | 6 |
View Market Depth
| Last trade - 10.06am 25/07/2024 (20 minute delay) ? |
| OEL (ASX) Chart |