The TECH Project is a waiting game. Capex will come down and when it does, the numbers will be drastically different from the AFS. Capex is spent upfront and so it has a disproportionate effect on a project's internal rate of return. Recall that most industry reports pointed to an increase in capex of above 50% in the 12-18 months leading up to the date of the AFS.
In the meantime, if QPME can turnaround the gas business as promised, I think the market will begin to ascribe value to it.
All IMO and GLTAH.
The TECH Project is a waiting game. Capex will come down and...
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Last
5.1¢ |
Change
-0.001(1.92%) |
Mkt cap ! $102.6M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.2¢ | 4.8¢ | $197.6K | 3.936M |
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| No. | Vol. | Price($) |
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| 1 | 37842 | 4.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 5.1¢ | 249999 | 1 |
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| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
4.9¢ |
Change
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| Open | High | Low | Volume | ||
| 5.1¢ | 5.2¢ | 4.8¢ | 1123756 | ||
| Last updated 15.53pm 26/04/2024 ? | |||||
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