Rig utilisation for Sept 2017 quarter just announced today to be at 63% of capacity (40 rigs) up from 35% capacity (22 rigs) for June quarter.
Drilling prices 30% below peak of last cycle.
At full capacity this is on a cashflow multiple of around of 4 times.
When rig count gets to 63 rigs in use for a full year the share price will be much higher than where we are today!
Rig utilisation for Sept 2017 quarter just announced today to be...
Add MSV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
41.0¢ |
Change
-0.015(3.53%) |
Mkt cap ! $88.63M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 42.5¢ | 41.0¢ | $36.66K | 87.76K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 49986 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 5983 | 3 |
View Market Depth
| Last trade - 10.49am 02/05/2024 (20 minute delay) ? |
|
|||||
|
Last
41.5¢ |
Change
-0.015 ( 2.35 %) |
||||
| Open | High | Low | Volume | ||
| 41.5¢ | 41.5¢ | 41.5¢ | 18242 | ||
| Last updated 10.32am 02/05/2024 ? | |||||
| MSV (ASX) Chart |