Using the numbers aabbaadd posted in the other thread it works out to $12/GJ which is the East Coast price, give or take. Which of course they're not getting, they're getting around $8/GJ wellhead price.
But that's just revenue. Nobody is silly enough to genuinely think you can pay dividends or fund exploration out of wellhead revenue so I'm assuming those are ramp/troll posts.
Realistically an annual dividend or buyback equivalent to around 0.25c/sh seems sustainable, rising to 0.5c/sh once the overlift is repaid. At this share price they'd be mad not to do it as a buyback instead of a dividend.
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Using the numbers aabbaadd posted in the other thread it works...
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Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $39.49M |
Open | High | Low | Value | Volume |
5.4¢ | 5.5¢ | 5.3¢ | $6.688K | 122.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 135060 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 16873 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 135060 | 0.053 |
3 | 283253 | 0.052 |
4 | 561685 | 0.051 |
4 | 375000 | 0.050 |
3 | 40418 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 16873 | 1 |
0.058 | 100000 | 1 |
0.060 | 99559 | 2 |
0.062 | 11500 | 1 |
0.069 | 200000 | 1 |
Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
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