The sale is for half of Galp's share of the 10 Billion Barrels.
Galp (I think) own 80% so that is 8 Billion Barrels .... they are selling half so that is 4 Billion Barrels .....
US$20 Billion for 4 Billion Barrels is US$5 per barrel in ground price which is what has been quoted here on numerous occasions.
I am surprised that this keeps coming up and having to be reaffirmed.
The sale is for half of Galp's share of the 10 Billion...
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Last
2.2¢ |
Change
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Mkt cap ! $174.8M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 2.1¢ | $45.91K | 2.104M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 13594228 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 2803021 | 3 |
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| Last trade - 14.51pm 08/07/2024 (20 minute delay) ? |
| PCL (ASX) Chart |