It's quite amazing how there are a number of oilers with plenty of cash, strong cash flow, debt free and languishing share prices.
It says quite a lot about the way these companies balance sheets have been used to grow the company.
Many companies that have assumed this resources cycle was going to be like most recent resources cycles and that prices would collapse after a few years and have acted conservatively in line with that view have been left behind by the market.
It's quite amazing how there are a number of oilers with plenty...
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.26M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.8¢ | 14.5¢ | $14.50K | 99.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1828966 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 3419686 | 23 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |