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.
Since the 6c dividend was announced (subject to shareholder...
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $5.82K | 466.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 8612213 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 12457587 | 18 |
View Market Depth
| Last trade - 15.57pm 20/06/2024 (20 minute delay) ? |
| OEL (ASX) Chart |