Market cap valuation certainly is crazy.
"The three reservoirs encountered by the Alameda-1 exploration well have now been independently assessed to contain a combined:
− 6.4 billion barrels of oil in place
− 362 million barrels of Prospective Resource."
What do you think 30% of that is worth? IMO much more than $185m.
Ann: Total depth reached at Zapato-1ST, page-390
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Last
2.3¢ |
Change
0.002(9.52%) |
Mkt cap ! $77.51M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.2¢ | $83.23K | 3.644M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 310691 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 3542587 | 7 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| MAY (ASX) Chart |