My maths was $1B market cap equates to approximately 12 cents AUD share price.
10 Bbls at 30% recovery, at $7.75 per barrel ($5 USD) at 20% PCL and I get circa $4.5B market cap equivalent to PCL.
At 12 cents/B market cap = 55 cents
Just my back of the envelope musings!
My maths was $1B market cap equates to approximately 12 cents...
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Mkt cap ! $185.5M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.4¢ | 2.2¢ | $168.8K | 7.348M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 7483825 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 377193 | 2 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 2.3¢ | 2.4¢ | 2.3¢ | 2128510 | ||
| Last updated 15.58pm 03/05/2024 ? | |||||
| PCL (ASX) Chart |