If you were to use $11 Boe USD as a value per barrel of 2P, then the asset is worth approx 16x the current market cap.
11 x 52MMboe /0.7c AUD= $817 mill AUD/$52 mill (mkt cap) = 15.7
Ann: Substantial Uplift in Anning & Somerville Gas Fields Value, page-64
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0.8¢ |
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Mkt cap ! $22.46M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $28.22K | 3.592M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 7401197 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 4697839 | 4 |
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