"In total, the company’s exploration portfolio holds potential to lift value to over $1 per share if discovered oil is worth $12 per barrel and discovered gas has a value of $0.60 per gigajoule."
The valuation is based on a huge if statement. The last announcement diminished that potential of $1 per share straight off the bat, and I would hazard a guess that the overall figure is way inflated. My guesstimate is somewhere around $0.25 - $0.30 with good news in the short term.
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"In total, the company’s exploration portfolio holds potential...
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Last
17.0¢ |
Change
0.015(9.68%) |
Mkt cap ! $304.1M |
Open | High | Low | Value | Volume |
15.0¢ | 17.0¢ | 15.0¢ | $675.5K | 4.272M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 59750 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 1916292 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 75000 | 0.175 |
2 | 5002 | 0.170 |
3 | 59841 | 0.165 |
7 | 239750 | 0.160 |
8 | 1989750 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 1737292 | 15 |
0.175 | 1183469 | 15 |
0.180 | 1305701 | 13 |
0.185 | 1541290 | 11 |
0.190 | 1098548 | 10 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
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