Invested today as a cheap substitute to increase exposure to MAE's production. ODY holds 15% of the working interest in MAE's Helper Project in Utah. Recoverable reserves estimated for each well to be 1.4 million MCF. 10 well program this year makes ODY's share approximately 2 million MCF. You can make your own estimate of US$/MCF; I use $5. 30,000,000 shares outstanding; $.355 close today. You can do the maths.
cheap substitute entry for mae
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 (20min delay)
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.48M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1000000 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 643580 | 3 |
View Market Depth
| Last trade - 16.12pm 06/08/2024 (20 minute delay) ? |
| ODY (ASX) Chart |
Day chart unavailable