Why would ME choose the worst of the 3 presented opportunities?
FAR is a spec,was a spec and always will be a spec UNTIL it strikes an appreciable amount of oil.
Senegal is a speculative opportunity and the Shell deal realistically reflects this. I would doubt the other deals would be any more generous given the monetary conditions. Even in good times I doubt oil execs are encouraged to waste money or not try to get the best deal for the company.
Why would ME choose the worst of the 3 presented...
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Last
48.8¢ |
Change
-0.018(3.47%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 48.5¢ | $83.79K | 169.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 33697 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 5899 | 3 |
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| Last trade - 13.21pm 05/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |