It's not a bad move, since they now have quite a bit of cash coming from Galoc. Lifting their image out of the penny range should have a twofold effect - One, the consolidation will get them back to very acceptable number of shares on issue, and two, the higher price will attract more serious oil investors - opposed to being a magnet for speculators travelling in the penny arcade.
It's not a bad move, since they now have quite a bit of cash...
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Last
80.0¢ |
Change
-0.010(1.23%) |
Mkt cap ! $182.4M | |||
| Open | High | Low | Value | Volume |
| 81.0¢ | 83.0¢ | 79.0¢ | $151.1K | 187.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2340 | 80.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.5¢ | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| NDO (ASX) Chart |