I think the point here is that there is:
- recent field development success at Galoc Phase II leading to stronger cash flow than is appreciated by the market
- various items of news flow over 2013 that could turn positive as GP has pointed out.
- medium and long term drills and upside
- a temporary hiccup in terms of SC55 with BHP's exit which in 12-18 months time could quite likely be looked back on as a real stroke of luck that substantially improved OEL's terms/share.
Relative to other junior energy stocks it is relatively low risk with plenty of upside.
I think the point here is that there is:- recent field...
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Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $62.33M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $11.48K | 914.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14875552 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 12440675 | 19 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| OEL (ASX) Chart |