Just a rough calculation of 75,000 bpd and oil price $80 and cost $20, will give you a profit or cash flow of $1.5 billion dollars. Just postulate a PE of 5, and the share price should be around $14. I am happy with that. It is possible they could be paying current share price in dividend.
Enauta in Talks With Karoon to Sell 50% Stake in Atlanta Field, page-32
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Last
$1.71 |
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Mkt cap ! $1.370B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 2 | 4911 | $1.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $1.62 | 1 | 1 |
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| Last trade - 09.51am 07/06/2024 (20 minute delay) ? |
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$1.73 |
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| Open | High | Low | Volume | ||
| $1.73 | $1.73 | $1.72 | 52836 | ||
| Last updated 10.13am 07/06/2024 ? | |||||
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