As I have mentioned previously this stock is ridiculously cheap at the moment.
I've just done some rough back of the envelope numbers. When Byron hit production the well should be producing 5000 Barrels per day. The price of Louisana Light Crude Oil is $US67.89 per barrel which in Australian dollars is $ 84.79 per barrel. Byron's 50% share is $AUD 211,975 per day ( ie $ 77,370,875 per annum ). This doesn't take into account Gas sales !! The GROSS REVENUE FOR BYRON WILL BE SENSATIONAL. I agree with your comments Cloudy 1. A definite rerate for Byron is on the cards. We are going higher!!!!
- Forums
- ASX - By Stock
- BYE
- Rerating not far away
Rerating not far away, page-5
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BYE (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.0¢ |
Change
-0.001(1.64%) |
Mkt cap ! $64.72M |
Open | High | Low | Value | Volume |
6.4¢ | 6.4¢ | 5.7¢ | $36.83K | 614.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 600000 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 103244 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 600000 | 0.056 |
1 | 1000000 | 0.055 |
2 | 338999 | 0.054 |
3 | 437735 | 0.053 |
2 | 1611999 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.066 | 78500 | 1 |
0.067 | 40000 | 1 |
0.070 | 25555 | 2 |
0.073 | 14000 | 1 |
0.074 | 140000 | 2 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
Last
5.9¢ |
  |
Change
-0.001 ( 3.28 %) |
|||
Open | High | Low | Volume | ||
6.5¢ | 6.5¢ | 5.7¢ | 124196 | ||
Last updated 15.59pm 03/05/2024 ? |
Featured News
BYE (ASX) Chart |