The company continues to spend more money than they are earning from the sale of oil.and the claim of a 75% increase in production quarter on quarter is misleading, as their actual oil production and sales revenue have decreased significantly compared to the same quarter in 2020. Additionally, it appears unlikely that they will meet the drilling requirements for the permit extension of EP475 by next month.
The company continues to spend more money than they are earning...
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Last
0.4¢ |
Change
-0.001(11.1%) |
Mkt cap ! $5.994M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $2.04K | 510K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 14621800 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 1934289 | 2 |
View Market Depth
| Last trade - 11.38am 07/06/2024 (20 minute delay) ? |
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Last
0.5¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 0.5¢ | 0.5¢ | 0.5¢ | 1900000 | ||
| Last updated 14.04pm 07/06/2024 ? | |||||
| BUY (ASX) Chart |