UK investor here and looking at all the aux based Dempsey participants this seems the most undervalued considering the other assets. They are already free carried in Namibia and now have just essentially farmed out a further 10%. The Namibia asset plus cash at hand easily justifies the market cap.
I can't get my head around the crazy spread here...?
Yeah there are now around 6.5 billion shares in issue but still that spread 0.2-0.4 today seems crazy.
88e have many shares but not this crazy spread....
A listing on the AIM
Ann: Presentation to Good Oil Conference, page-3
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1.5¢ |
Change
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Mkt cap ! $117.9M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.5¢ | $3.974K | 270.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 8442019 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 5229320 | 9 |
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