Those like me who brought in at over 7 cents, we will IMO never re-coup our money.
Soon there will be over 500,000,000 shares on issue.
Even with Cadloe possibly going ahead there will be mkt cap of say $18 m. So that's roughly 3.6 cents per share.
$18 m based of the experts NPV of $22 m plus a further 'state of the mkt discount' I guess the NPV includes PKO need to raise capital to pay for Venturoils development cost of $10 million at the time of spudding the first Cadloe well. I reckon PKO sp will either get caned at cap raising time to pay for Venturoils $10 m; or diluted with Alberts buying further in to this company.
In March the sp rose temporarily to 3 cents and now realistically down to 1.5 cents. Some brought in earlier this week at 1.1 cents.
I dont know why I didnt do the sums back in March, because that was a prime selling opportunity at 3 cents.
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.463M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 15403575 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 21669641 | 13 |
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| Last trade - 16.21pm 12/09/2025 (20 minute delay) ? |
| PKO (ASX) Chart |
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