Under 10 cents- so had another look- but not buying anything on 'cheapness'.
Two problems- Sole was found by a major and was left undeveloped for well over 4 decades. There are good reasons for why majors leave gas finds undeveloped.
The other- crude and gas liquids only provide about 2 percent of revenue. Crude and gas liquids are where the profits are for oil and gas producers.
Sole needed a lot to go right to be a good investment...
IMHO DYOR
Under 10 cents- so had another look- but not buying anything on...
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Last
21.8¢ |
Change
-0.003(1.14%) |
Mkt cap ! $580.8M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 21.5¢ | $278.5K | 1.270M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 378160 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 729676 | 21 |
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| Last trade - 13.23pm 25/07/2024 (20 minute delay) ? |
| COE (ASX) Chart |