Had another look at the latest presentation and if you run the math OPL is still a steal at these prices, hence why sell-side has dried up.
Sledge Hamar: 30mmbbls @ 10% xA$15/bbl =A$45mn
Mc Cormack Road: 1Bcf @ 50% xA$3/Bcf = A$1.5mn
Cash in Hand: A$3mn
Hence OPL should theoretically have a market cap of A$49.5mn or 37 cents per share! This excludes all the juicy exploration / development upside to follow.
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- still looks cheap...
Had another look at the latest presentation and if you run the...
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Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.268M |
Open | High | Low | Value | Volume |
2.5¢ | 2.5¢ | 2.5¢ | $5.875K | 234.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 28790 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.6¢ | 149980 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 28790 | 0.025 |
1 | 14546 | 0.022 |
4 | 257162 | 0.021 |
2 | 28818 | 0.020 |
1 | 57847 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 149980 | 1 |
0.027 | 155000 | 1 |
0.029 | 150000 | 1 |
0.030 | 300000 | 1 |
0.032 | 538547 | 2 |
Last trade - 10.20am 28/06/2024 (20 minute delay) ? |
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