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
6.1¢ |
Change
-0.008(11.6%) |
Mkt cap ! $65.80M | |||
| Open | High | Low | Value | Volume |
| 6.4¢ | 6.4¢ | 6.1¢ | $45.19K | 723.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 32785 | 6.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.6¢ | 78500 | 1 |
View Market Depth
| Last trade - 12.38pm 02/05/2024 (20 minute delay) ? |
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Last
6.1¢ |
Change
-0.008 ( 10.3 %) |
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| Open | High | Low | Volume | ||
| 6.4¢ | 6.4¢ | 6.1¢ | 148063 | ||
| Last updated 12.38pm 02/05/2024 ? | |||||
| BYE (ASX) Chart |