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!!
Hi Kid,I think a reasonable "benchmark" should be the AGL deal...
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Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $199.4M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 18.0¢ | $175.4K | 972.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2673 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 50000 | 1 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| COI (ASX) Chart |