Not an accountant, but I had looked at the US$100.8 million of accumulated losses as at 31/12/23 as leading me to think ample losses before it could argued the distribution is a return of capital rather than a dividend. You could be right though and this would definitely lower my valuation of OEL if indeed part of the distribution ends up being a dividend.
Not an accountant, but I had looked at the US$100.8 million of...
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Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $19.48K | 1.498M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 3150373 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 6871642 | 15 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
1.3¢ |
Change
-0.001 ( 7.14 %) |
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| Open | High | Low | Volume | ||
| 1.3¢ | 1.3¢ | 1.3¢ | 18185 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| OEL (ASX) Chart |