Talk to me about P&A. I know nothing.
I understand these are declining assets, but they are worth more than zero. US$3.75M FCF last Q, ~2% decline rate. If natty were to bounce a bit, that could improve.
I don't think your interest income statement works. Reduce cash _and_ market cap by 0.008/share and the interest yield is the same.
The market is currently assigning a zero value to the producing assets. Zero. I, for one, do not think that is "about right".
Talk to me about P&A. I know nothing.I understand these are...
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Last
1.3¢ |
Change
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Mkt cap ! $59.93M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.3¢ | $29.38K | 2.260M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 14520705 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 1157923 | 1 |
View Market Depth
| Last trade - 15.34pm 21/05/2024 (20 minute delay) ? |
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Last
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Change
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| Open | High | Low | Volume | ||
| 1.3¢ | 1.3¢ | 1.2¢ | 12129 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| OEL (ASX) Chart |