sorry mate typing on the mobile what i was trying to write was i dont use the multiple and apply it to the 2P and 2C resources of COI.Majority of WGO resources were 2p (90%) so the multiple should be on the 2P resources. 422PJ (211PJ Warregoshare) and a gross 2C Contingent Resource of 30PJ (15PJ Warregoshare). I personally wouldn't apply that multiple across the 2P and 2c and if i did i would discount the 2C heavily.as i said this just a crude measure based on previous M&A. east coast gas prices are higher than west coast so multiples should be higher. I have also modelled full field development for their JV assets and wholly owned assets. There is many ways to skin a cat and many variables which can be flexed to give you an outcome that suits your bias. For me a valuation between 30-40 for where they are at makes sense, that aligns with the broker reports i read.
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Last
19.5¢ |
Change
0.005(2.63%) |
Mkt cap ! $216.0M |
Open | High | Low | Value | Volume |
19.0¢ | 19.5¢ | 19.0¢ | $67.58K | 351.1K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 107826 | 19.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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19.5¢ | 404446 | 5 |
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No. | Vol. | Price($) |
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1 | 107826 | 0.190 |
5 | 229343 | 0.185 |
3 | 358605 | 0.180 |
2 | 301428 | 0.175 |
3 | 451400 | 0.170 |
Price($) | Vol. | No. |
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0.195 | 404446 | 5 |
0.200 | 1384798 | 13 |
0.205 | 399000 | 6 |
0.210 | 552851 | 6 |
0.215 | 236812 | 4 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
19.0¢ | 19.5¢ | 18.5¢ | 145899 | ||
Last updated 15.56pm 03/05/2024 ? |
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