take a look at the share price chart of the buyer (NDO) from the day they bought that asset - ~$1.00 down to $0.045 today (gone well for them hasnt it?) Otto sold for something like US$34 per barrel, 2P in the ground - doesn't look like such a bad call seeing as, oil hit US$28 per barrel not long afterwards and NDO looking like they will book a US$17mm loss for 2016. Moreover, OEL more or less replaced the galoc reserves for just a few bucks per barrel. They have some work to do in other areas for sure, but on that sale deal, it would seem the accountants maybe got that one right....
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $62.33M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 6260500 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 10557935 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 6260500 | 0.012 |
8 | 7939089 | 0.011 |
7 | 14275452 | 0.010 |
1 | 111222 | 0.009 |
1 | 125123 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 10557935 | 13 |
0.014 | 4955255 | 9 |
0.015 | 5028050 | 8 |
0.017 | 72000 | 1 |
0.018 | 155500 | 1 |
Last trade - 10.06am 11/10/2024 (20 minute delay) ? |
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