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
4.7¢ |
Change
0.002(3.33%) |
Mkt cap ! $49.62M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.7¢ | 4.5¢ | $43.38K | 946.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 40820 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 1120843 | 6 |
View Market Depth
| Last trade - 14.03pm 21/05/2024 (20 minute delay) ? |
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Last
4.6¢ |
Change
0.002 ( 4.55 %) |
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| Open | High | Low | Volume | ||
| 4.7¢ | 4.7¢ | 4.4¢ | 173532 | ||
| Last updated 13.50pm 21/05/2024 ? | |||||
| BYE (ASX) Chart |