Hi,
Based on the number of shares issued and the known exploration results (aka SM71 upcoming production) and the ownership of 50:50, the relative values of BYE:OEL should be 1:2.2 i.e 1 BYE share should be equivalent of 2.2 OEL shares.
As of yesterday, it was around 1: 4.7 - OEL has not been rerated as per BYE. This will correct over time - just a matter of time.
BYE/OEL relative values
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Last
6.4¢ |
Change
0.005(8.47%) |
Mkt cap ! $69.04M | |||
| Open | High | Low | Value | Volume |
| 6.0¢ | 6.4¢ | 5.3¢ | $188.9K | 3.323M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9822 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.5¢ | 14000 | 1 |
View Market Depth
| Last trade - 16.10pm 25/04/2024 (20 minute delay) ? |
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Last
5.9¢ |
Change
0.005 ( 1.67 %) |
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| Open | High | Low | Volume | ||
| 5.9¢ | 5.9¢ | 5.5¢ | 517593 | ||
| Last updated 14.20pm 25/04/2024 ? | |||||
| BYE (ASX) Chart |