More than likely the production rate has declined and the wells are developing a water cut, therefore future production is going to be lower, therefore effecting oel repayment plan. Thats all i can think off. But if this was the case Ndo would have to be in trading halt as well.
May have sold off the galoc field interests too.
Who knows, good luck to all, i think you guys need it
More than likely the production rate has declined and the wells...
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $12.05K | 1.004M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 10527586 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 11422192 | 21 |
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| Last trade - 11.03am 28/06/2024 (20 minute delay) ? |
| OEL (ASX) Chart |