This bit in presentation caught my attention the most. IMO reward outplays the risk involved.
"Company remains poised to Farm-out both Canning & Gippslandinterests so as to facilitate (a) drilling prospects inventory as soon as possible,(b) monetiseassets (ieimplied via Farm-out Valuations) and (c) create wealth for shareholders as part of the trading / drilling process.
Investment Case Summary Oil Basins is a Highly Leveraged Oil & Gas Exploration Company."
"Company regulary screens attractive E&P acquisition or Farmin opportunities"
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Mkt cap ! $6.625M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 2131250 | 1.6¢ |
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Price($) | Vol. | No. |
---|---|---|
1.7¢ | 72549 | 1 |
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No. | Vol. | Price($) |
---|---|---|
4 | 2131250 | 0.016 |
5 | 5557771 | 0.015 |
1 | 886890 | 0.014 |
3 | 586615 | 0.013 |
1 | 1000000 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 703046 | 4 |
0.020 | 1360091 | 3 |
0.021 | 229273 | 1 |
0.024 | 200000 | 1 |
0.027 | 80000 | 1 |
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