I think the unfortunate reality for all the small cap oil & gas companies is that there is no capital available to fund their riskier activities.
And they need a lot of capital especially the CBM companies who will have to spend hundreds of millions of dollars to deliver on all the big claims they make about the size of their projects.
How is a company worth $40 million going to raise any money to do anything? If they're not going to do anything, how are they going to increase their value?
I think the unfortunate reality for all the small cap oil & gas...
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Last
14.5¢ |
Change
0.005(3.57%) |
Mkt cap ! $173.4M | |||
| Open | High | Low | Value | Volume |
| 13.8¢ | 14.5¢ | 13.5¢ | $212.5K | 1.502M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 80037 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 634934 | 7 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| COI (ASX) Chart |