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
6.0¢ |
Change
-0.001(1.64%) |
Mkt cap ! $64.72M | |||
| Open | High | Low | Value | Volume |
| 6.4¢ | 6.4¢ | 5.7¢ | $36.83K | 614.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 600000 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 103244 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
5.9¢ |
Change
-0.001 ( 3.28 %) |
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| Open | High | Low | Volume | ||
| 6.5¢ | 6.5¢ | 5.7¢ | 124196 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| BYE (ASX) Chart |