40m USD is after using a discount rate of 15% for the expected 55m USD total.
47c USD NTA is about 69c AUD.
Unlikely we get the full 69c after allowing for success fees for the sale and operating costs until the company is wound down. Wonder whether the 15% discount rate is enough to encourage a buyer. The Woodside announcements suggest they will be trying out different tests to work out how to optimize recovery from all the wells-maybe a buyer will want to wait for confirmation of how this turns out.
Dallek1
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Last
38.5¢ |
Change
-0.005(1.28%) |
Mkt cap ! $35.57M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 40.0¢ | 38.0¢ | $4.622K | 11.86K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6902 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 36322 | 3 |
View Market Depth
| Last trade - 12.12pm 16/06/2025 (20 minute delay) ? |
| FAR (ASX) Chart |