"small company that they are, and if the outcome is negative for SC55 and Otto, I believe it will have far reaching negative consequences for foreign investment in the Pines!"
Sharpeye, true we r a small company getting good cash flow around $75m per year from galoc. We have unfortunately one billion shares on issue which makes it tough on the SP considering the amount of traders etc to c a proper reflection of value.
Thankfully we arent in the 2 billion to 4 billion shares on issue range as some of our peers because that makes SP appreciation very very tough.
Very little or no real reality of ten bagger outcomes and
really a case of pushing manure up hill.
At least we can still hope for oysters and crayfish rather than be happy with flake and chips and a dim sim if all goes well :-)
Secondly i dont think wehave to worry about " negative consequences for..."
because OEL will get reassigned SC 55, well at least they r confident of that outcome..
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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7 | 4831817 | 0.011 |
7 | 14275452 | 0.010 |
3 | 1375123 | 0.008 |
2 | 166837 | 0.006 |
Price($) | Vol. | No. |
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0.013 | 10287673 | 14 |
0.014 | 3072137 | 8 |
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