TYp. - banks lend 60-65% of PV10 PDP assets.
market understands the capital cycle of shale plays reasonably well.
this one has plenty of room to "grow", management have both skin in the game, and a very good track record. the dirt is also fine (in terms of eur/well).
its simply a matter of capital getting tighter in the shale patch.
see SEA for another example.
rgds
V_H
TYp. - banks lend 60-65% of PV10 PDP assets. market understands...
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.226M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $1.54K | 220K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 11365063 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 2507139 | 4 |
View Market Depth
| Last trade - 11.16am 01/07/2025 (20 minute delay) ? |
| ATS (ASX) Chart |