Volumes keeps up and tails already indicates SGC currently worth 5.5c,
6c is the fair value without the new acquisition IMV
the tenements involved in the $140m takeover for NDO 4 years ago, worth at least $40m ( still less than money spent on them)
nothing changed during last 4 years, except oil price hit 5 years high recently.
So I wish $40m or extra 8C per share valuation added to SP
as you said SC58 being a monster , not many oil fileds in this planet have 5 billion bbl oil in place! Shareholders should put 0.5-1m shares aside in case significant oil discoveries confirmed in SC58 in future and SGC suddenly moves into ASX200.
BILLION BARREL BONANZA, page-14
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Last
0.6¢ |
Change
-0.002(25.0%) |
Mkt cap ! $4.678M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $33.9K | 5.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1702250 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 1545857 | 4 |
View Market Depth
| Last trade - 10.55am 02/05/2024 (20 minute delay) ? |
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Last
0.6¢ |
Change
-0.002 ( 25.0 %) |
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| Open | High | Low | Volume | ||
| 0.6¢ | 0.7¢ | 0.6¢ | 1223070 | ||
| Last updated 10.55am 02/05/2024 ? | |||||
| SGC (ASX) Chart |