Good to see mention of both MBW & OBS producing - further detail provided that OBS back online.
F1 - no note of current production of either oil or gas - clearly the trend has not improved.
Cannot see a buyback happening as this will creep Molton from effective (48%) to actual (>50%) control.
No reason why the company cannot provide a plan B update - we remain confident in the ATO providing a tax ruling however if this does not eventuate the plan would be to ........
First mention of how many AUd's they hold as of 31/12/2024 - AUD$39.8M
This suggests current holdings at 31/12/2024 @ 0.618 exchange rate AUD$39.8M worth USD$24.6M with additional holdings of USD$8M.
Assuming no further increase in cash balance at todays exchange rate this is ~AUD$53M or 1.1c share cash backing
OEL Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)