OEL is also a great example of the definition of opportunity loss/cost/hoping/wishing/not being able to stop out/did I say hope....this is a lifestyle company plain and simple. Their FCF is for their salaries, luxury cars (I speculate but would be nice to know what they drive around Houston) and first class plane tickets/private jet charters. If they thought otherwise then a dividend would have been done many moons ago. On the oil side....they have projects that are pathetic at best. Seriously, if this stock wants to trade at 5 cents then they need Operatorship of a project that can delivery 15,000 bopd. What they have right now pays for grilled cheese sandwiches and their pathetic excuses.
Ann: Gulf Coast Exploration Wells Update, page-31
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $4.537K | 348.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 12486048 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 14711861 | 16 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| OEL (ASX) Chart |