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....
- Forums
- ASX - By Stock
- Positive News
take a look at the share price chart of the buyer (NDO) from the...
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OEL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $62.33M |
Open | High | Low | Value | Volume |
1.3¢ | 1.3¢ | 1.2¢ | $1.508K | 116.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 6260358 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 10442352 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 6260358 | 0.012 |
8 | 7939089 | 0.011 |
7 | 14275452 | 0.010 |
1 | 111222 | 0.009 |
1 | 125123 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 10442352 | 15 |
0.014 | 5061505 | 10 |
0.015 | 5028050 | 8 |
0.017 | 72000 | 1 |
0.018 | 155500 | 1 |
Last trade - 12.08pm 11/10/2024 (20 minute delay) ? |
Featured News
OEL (ASX) Chart |
The Watchlist
EL8
ELEVATE URANIUM LTD
Murray Hill, MD & CEO
Murray Hill
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online