i agree, its a great trick.
the worry is, that if it faulters a single income stream,
especially, when it all depends on Phase 2.
Phase 1 is declining.
When its trotting along, without bucking its rider off, i think both stocks will definetly lift.
Just trying to have a balanced view, of why its discounted such.
Its not a bank, with a relyable earnings.
Its an oiler, with a single income, and the market needs to discount PE valuations on, what is the risk, that the pony gets sick.
i agree, its a great trick.the worry is, that if it faulters a...
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $57.29K | 4.787M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 549479 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 15958763 | 19 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| OEL (ASX) Chart |