thanks for sharing your conversation with us
If the A-2 well comes up to expectations then 5c is going to seem pretty cheap imo.
As previously discussed, with the sp at 5c that represents an approx PE of 8 (although that is not actually based on a full years earnings and does not allow for any further production increases or exploration success). A 50-100% increase in production should then see us closer to 10c even without the added value of exploration potential.
thanks for sharing your conversation with usIf the A-2 well...
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.26M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 2.0¢ | $8.144K | 410.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 4230315 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 2113287 | 6 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| TEG (ASX) Chart |