At 10c we would not be a penny stock and our market cap would be ~$500 million . We literally would be in a different league so I agree, the " need' for a consolidation would possibly be mute.
In all honesty, a $500 million market cap on the current asset base would place the company in significantly overvalued territory, considering our major asset has an NPV10 of US$170 million which was based on a higher average oil and gas price.
However, in terms of the next BRK iteration, (where the prospecting for assets would be backed by a significantly larger capital base) , a target MC of $500 million based on an asset base of that magnitude could be a distinct possibility..... but we have a bit of a journey ahead to that place, considering we haven't monetized SWISH yet.
cheers
Dan
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1.0¢ |
Change
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Mkt cap ! $47.72M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.0¢ | $70.47K | 7.039M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
29 | 23510111 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 12241492 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
29 | 23510111 | 0.009 |
16 | 3804098 | 0.008 |
6 | 3507000 | 0.007 |
4 | 1585000 | 0.006 |
3 | 2308000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 12241492 | 4 |
0.011 | 36806610 | 24 |
0.012 | 17372574 | 29 |
0.013 | 20872569 | 19 |
0.014 | 11231257 | 15 |
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