This is proving to be a much more frustrating hold then it should be. But still, we are profitable, profits are increasing and will only continue to do so and I think any risk of needing to do another cap raise are entirely gone now.
It looks like the company's financials will have to do all the work in terms of lifting sp, but still massive sp growth potential here and imo very little risk.
I believe if management wanted too they could probably sell the three DSU's now for 200m no problem. Obviously that would be massively stupid and throwing money away but it shows how undervalued we are and I believe it's only a matter of when we see the benefits of this value, not if.
This is all simply my opinion but if the sp gets sold down more I will definitely top up. I can't see enough oil supply coming into the market to drive it down below $80 let alone $60 a barrel and that practically guarantees we will make a fortune.
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Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $47.72M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $26.58K | 2.687M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
38 | 29015991 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 6453857 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
38 | 29015991 | 0.009 |
17 | 3750198 | 0.008 |
4 | 2510000 | 0.007 |
5 | 7995000 | 0.006 |
4 | 2508000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 6453857 | 16 |
0.011 | 43720127 | 32 |
0.012 | 13913087 | 21 |
0.013 | 21532087 | 20 |
0.014 | 11877951 | 15 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
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