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.
Interesting question. When trying to speculate a possible price...
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Last
6.9¢ |
Change
0.008(13.1%) |
Mkt cap ! $74.43M | |||
| Open | High | Low | Value | Volume |
| 6.5¢ | 6.9¢ | 6.4¢ | $80.43K | 1.196M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 6.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.9¢ | 87708 | 1 |
View Market Depth
| Last trade - 16.10pm 30/04/2024 (20 minute delay) ? |
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Last
6.8¢ |
Change
0.008 ( 7.94 %) |
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| Open | High | Low | Volume | ||
| 6.4¢ | 6.8¢ | 6.4¢ | 165018 | ||
| Last updated 15.49pm 30/04/2024 ? | |||||
| BYE (ASX) Chart |