Based on reserves, BYE could sell SM58 for USD$175m - much more than the usd$100m cost.
This is based on current market value of OEL (which reflects the price that OEL is likely to get for reserves), and my OEL valuation based on reserves.
In addition Otto are selling reserves at fire sale prices because Molton want out.
This implies that SM58 is worth more than USD$175m.
Clearly BYE have added value
QED!
.
Based on reserves, BYE could sell SM58 for USD$175m - much more...
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Last
5.9¢ |
Change
-0.001(1.67%) |
Mkt cap ! $63.64M | |||
| Open | High | Low | Value | Volume |
| 5.8¢ | 6.0¢ | 5.8¢ | $2.047K | 34.94K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 97687 | 5.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 331777 | 2 |
View Market Depth
| Last trade - 15.56pm 06/05/2024 (20 minute delay) ? |
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Last
5.8¢ |
Change
-0.001 ( 1.69 %) |
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| Open | High | Low | Volume | ||
| 5.8¢ | 5.8¢ | 5.8¢ | 10526 | ||
| Last updated 12.21pm 06/05/2024 ? | |||||
| BYE (ASX) Chart |