Bought a few today at 28c seeing as cash backing is 30cps and odds are management will avoid doing anything too stupid given their recent performance
If I could buy the whole company for 28cps, I get my money back and I am effectively paid $5/brl to take their ~1.2mbo 2P reserves off their hands.
negative enterprise value per barrel
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 (20min delay)
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Last
21.5¢ |
Change
-0.005(2.27%) |
Mkt cap ! $567.6M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 21.5¢ | $272.0K | 1.242M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 457152 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 17446 | 8 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| COE (ASX) Chart |