Hi Kid,
I think a reasonable "benchmark" should be the AGL deal with Galilee Energy (resp. ECU) for ATP 529P (wich is close to the COI permits). They took up 50% interest in the permit for A$ 37 million.
That's why I think a 100 million dollar (resp $1 per share) bid for COI would be a bargain for the bidder.
Perhaps someting above 50 cent per share would be realistic in the current financial environment.
Happy new year to all holdets!!
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $182.7M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.8¢ | $111.6K | 691.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40000 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 2600273 | 7 |
View Market Depth
| Last trade - 15.57pm 10/09/2024 (20 minute delay) ? |
| COI (ASX) Chart |