Given the circumstances I see this as a positive, and the steady share price would suggest the market does too. Why setup a loan facility (with banks or otherwise) when the directors and major shareholders are happy to chip in the funds? Dilution, yet again, is frustrating though. Hopefully Maynard and the team put this $5M to good use as the well is surely drying up. The others had better be gushers...
Ann: SM 71 No 1 Well Update,OEL-BYE.AX, page-14
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Last
4.7¢ |
Change
-0.003(6.00%) |
Mkt cap ! $50.70M | |||
| Open | High | Low | Value | Volume |
| 4.8¢ | 4.9¢ | 4.7¢ | $119.3K | 2.494M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 108554 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 201895 | 2 |
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| Last trade - 16.10pm 18/06/2024 (20 minute delay) ? |
| BYE (ASX) Chart |