very true trader
these are my calcs why a bid may eventuate
85 million in cash equivalents
about 31 million in reserves if you assume 1.25 million brls X $25 per barrel.
we are already at 116.
add in 25% of PEL 92
the existing infrastructure
plus the rest of coopers assets
We know BPT thinks PEL 92 is very prospective with many propsects the size of Callawonga. Only one "new" Callawonga size discovery would mean at least 25-30 million reserve value to BPT.
we also know that the 1.25 million barrels when monitised are worth alot more than the 31 million I have ascribed today. Probably closer to 60 million even at todays oil prices.
very true trader these are my calcs why a bid may eventuate 85...
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Last
22.0¢ |
Change
-0.010(4.35%) |
Mkt cap ! $580.8M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.0¢ | 22.0¢ | $4.275M | 19.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 196480 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 644396 | 7 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| COE (ASX) Chart |