As they've stated they're not seeking investment from John and Edith on the ASX, they are looking for industry partners, off take prepayments etc.
I doubt those entities care what the share price is. They care what is in the ground, and how much they can sell it for.
O&G companies for potential farm out aren't going to care what the minnow mum and dad investors in the ASX think the company is worth. The share price is completely meaningless at the moment.
Anyone buying shares on the ASX at the moment is of zero benefit or consequence to the company. The company doesn't receive any investment. It's just shares being swapped between Phil and Bruce at the pub.
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Open | High | Low | Value | Volume |
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10 | 693819 | 0.068 |
4 | 297984 | 0.067 |
4 | 275151 | 0.066 |
10 | 1008869 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
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0.073 | 672501 | 5 |
0.074 | 1134171 | 6 |
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