if the options are in the money once the oil starts to flow, there may well be another $24mill in the kitty to cover the cost of finalizing purchases.
i am thinking that they are pretty much in the hot seat so long as the oil price stays above $50 a barrel ( well we have a $20 buffer at the moment, so i expect that should be no problem).
the whole credit crisis may well turn out to have been a blessing in disguise, saving shareholders massive dilution
if the options are in the money once the oil starts to flow,...
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Last
2.5¢ |
Change
-0.002(7.41%) |
Mkt cap ! $31.86M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.5¢ | 2.5¢ | $1.884K | 75.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 272425 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 290383 | 1 |
View Market Depth
| Last trade - 10.21am 01/10/2024 (20 minute delay) ? |
| JPR (ASX) Chart |