No more cap raises certainly appeals, and maybe no more OIL for years and years and years and years. Price is what you pay. Value on the other hand...I don't mind a few more cap raises { if the current strategy? falls over}, enough to buy us time to an official DOC, some 2P reserves, maybe a better oil price and sentiment. By all means sell out then for something that at least reflects fair value further down the chain, then go off and punt on the 5%er chances. DOC, connectivity etc still not in the bag of course but I'd take those odds v selling at the wrong end of the cycle.
Not now, not for that price, not Senegal.
Eureka Report Article, page-16
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Last
49.5¢ |
Change
-0.010(1.98%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.5¢ | 49.5¢ | $94.59K | 189.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 69438 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 22471 | 1 |
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| Last trade - 15.38pm 29/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |