It needs that big wow factor for the market to take notice I think we are severely below the radar atm. Fundamentally oil and gas stocks are on the move.
Let's say they've only ramped slightly to 500boep/d and profit margin is only $40/AUD.
That's still $7.3m a year and it's valued at $19m seems nuts.
Then we picked up Philippines for a song that was previously trying to be sold for $20m USD amid a severe oil price downturn, which has since doubled in price. Then we picked up an additional 30% in SC54 for a song.
I really fail to see why this isn't $50m
at least. They need to get on the soap box and start singing lol
It needs that big wow factor for the market to take notice I...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.586M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $3.965K | 991.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 14358629 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 5150000 | 5 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| SGC (ASX) Chart |