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.
QPM Chart, page-5258
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Last
3.9¢ |
Change
0.001(2.63%) |
Mkt cap ! $98.31M | |||
| Open | High | Low | Value | Volume |
| 3.8¢ | 3.9¢ | 3.7¢ | $85.91K | 2.299M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 2320931 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.9¢ | 715042 | 5 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
3.8¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 3.7¢ | 3.8¢ | 3.7¢ | 296669 | ||
| Last updated 14.41pm 28/05/2024 ? | |||||
| QPM (ASX) Chart |