Yes, I think the is just to continue to produce O&G from the projects in place and pay us out dividends-probably be reduced next year going forward to 7-10% pa ..build up some cash reserves...for years in the future add a new project to keep the FCF flowing ... not flashy but keep themselves in jobs and wages and S/H paid enough twice a year to not vote them out ..
From half year>>
"Our capital program is strategically designed to sustain production at approximately 4,000 boepd, affording the Company the flexibility to allocate resources towards delivering returns to our shareholders while maintaining a robust balance sheet that allows us to capitalize on evolving opportunities."
P/E will stay low ... unless mgmt can show us real growth in EBIT + 2P reserve growth
Yes, I think the is just to continue to produce O&G from the...
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Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $4.432M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $319.4K | 44.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 19596499 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.7¢ | 192226 | 1 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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0.8¢ |
Change
0.001 ( 3.85 %) |
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| Open | High | Low | Volume | ||
| 0.7¢ | 0.8¢ | 0.7¢ | 22033712 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| CE1 (ASX) Chart |