Since the 6c dividend was announced (subject to shareholder approval), the purchase price has increased by 10M and the FX rate movement added a similar amount. In the falling market, with rig costs plummeting, there is scope to increase the return and meet the same work program. However, OEL are well aware that a pure exploration company will be valued less than a producers may be able to hand back to investors and find other opportunities.
do i want the 6cents, page-6
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $5.04K | 420K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 7831677 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 11208013 | 20 |
View Market Depth
| Last trade - 10.21am 24/06/2024 (20 minute delay) ? |
| OEL (ASX) Chart |