How can it be bad. They acquire 80% equity in the play, don't pay a cent really for someone to pay $25 million to do the drilling etc and because of that they lose 50% of the 80% stake. In a nutshell they are basically free carried and get 40% of the play and have made $25 million dollars for nothing really. Good business to me unless I missed something.
its good, page-37
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Last
$3.83 |
Change
0.100(2.68%) |
Mkt cap ! $2.497B | |||
| Open | High | Low | Value | Volume |
| $3.82 | $3.85 | $3.80 | $1.173M | 307.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 11024 | $3.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.84 | 4091 | 7 |
View Market Depth
| Last trade - 12.49pm 10/09/2024 (20 minute delay) ? |
| EMR (ASX) Chart |