with a $20 million market cap, these guys don't have to dominate this space for their to be serious gains to the sp. even a 5% market share would still be sufficient imho.
they own rigs & other related infrastructure to their business. have been profitable and paid dividends for the past 2-3 years which to me shows a degree of good corporate governance.
imho these guys have been hit hard and shocked by the loss of a couple of contracts but they should turn it around. id wait for some sp consolidation and look at entering again sometime down the track...
with a $20 million market cap, these guys don't have to dominate...
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $6.046M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $735 | 351.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 19472242 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 4567020 | 6 |
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| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| AUK (ASX) Chart |