There is no surprises in the financials here - SHE have effectively converted current assets (ie cash) into non-current assets (E&P and Production assets), which sets them up for increased cash generation in the current & future period.
The little nugget that I was very very happy to read was this update on Myall Creek:
"Myall Creek-2 (Surat Basin, QLD)
Despite delays due to Armour’s being placed into administration and subsequent restructure (Armour has now been acquired by ADZ a privately held company) the agreed intention of the joint venture parties is to progress and complete the planned frac stimulation and realise production revenue and ultimately a return on the Myall Creek 2 investment during the course of 2024."
Nice
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.16M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 2789121 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 1056993 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 2764121 | 0.008 |
6 | 4381913 | 0.007 |
8 | 5583498 | 0.006 |
3 | 2000000 | 0.005 |
2 | 1300000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 1056993 | 3 |
0.010 | 620037 | 3 |
0.011 | 699075 | 2 |
0.012 | 1171052 | 2 |
0.013 | 100000 | 1 |
Last trade - 16.12pm 13/06/2024 (20 minute delay) ? |
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Last
0.8¢ |
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Change
0.000 ( 0.00 %) |
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Open | High | Low | Volume | ||
0.8¢ | 0.8¢ | 0.8¢ | 200000 | ||
Last updated 13.26pm 13/06/2024 ? |
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