Interesting question.
When trying to speculate a possible price I always look at like for like companies. I realise they are not identical , but I can only take it as a positive sign the MC of FDM. It is currently producing 1250 BOED and has a Market Cap of 317 million.
We will be producing in 6 weeks double that.
Also believe they are producing the same quality oil.
So once we are actually producing re-rate is a certainty.
Postively a BYE, page-6
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Last
6.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $74.43M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 6.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.7¢ | 40000 | 1 |
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| Last trade - 15.27pm 01/05/2024 (20 minute delay) ? |
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