ADX 0.00% 8.7¢ adx energy ltd

Well, here is an estimate based on the latest data.If we use the...

  1. 2,290 Posts.
    lightbulb Created with Sketch. 2765
    Well, here is an estimate based on the latest data.

    https://hotcopper.com.au/data/attachments/6038/6038720-7e15ab3fa0a347fe92ad70df11c36c1e.jpg

    If we use the 2024 price of $9.4 USD per MMBtu as per the ADX presentation slide, we can arrive at the following figures:

    807BCF (best technical estimate) = 838,473,000 MMBtu

    838,473,000 MMBtu x $9.4 USD = $7,881,646,200 billion USD.

    Currency conversion: $7,881,646,200 x 1.50 (USD to AUD conversion) = $11,822,469,300 billion AUD.

    Deduct 25% for partner MCF Energy = $2,955,617,325

    Remaining to ADX: $8.86 billion AUD

    At $57m market cap, its nice exposure to have.

 
watchlist Created with Sketch. Add ADX (ASX) to my watchlist
(20min delay)
Last
8.7¢
Change
0.000(0.00%)
Mkt cap ! $49.41M
Open High Low Value Volume
8.7¢ 8.7¢ 8.7¢ $1.569K 18.03K

Buyers (Bids)

No. Vol. Price($)
3 204120 8.5¢
 

Sellers (Offers)

Price($) Vol. No.
8.7¢ 257851 2
View Market Depth
Last trade - 12.05pm 30/05/2024 (20 minute delay) ?
Last
8.5¢
  Change
0.000 ( 2.30 %)
Open High Low Volume
8.5¢ 8.5¢ 8.5¢ 10000
Last updated 10.06am 30/05/2024 ?
ADX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.