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clock Created with Sketch. 28/09/24
20:42
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Originally posted by LambDownUnder:
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So apologies for jumping into the potentially wrong thread. I've been a watcher for a while, but the metrics never really stacked up for me. With current share price I feel it has been a bit unfairly smashed for reasons unbeknownst to myself and wondering if any longer holders may be able to enlighten me?(I like the medium-long term outlook or I wouldn't be here) and with Waitsia due to come online later this FY I dont understand what has driven the price down from nearly $2 to almost $1 over the last 6 months. Seem to be producing fairly well, plenty of reserves to continue, moderate debt levels, very good margin on each BBOE and targeting towards $30US this FY, good dividend policy.
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we took a hit to the reserves,no hedging.
(20min delay)