Exactly what I have been complaining about Mayo and we have had to pay the price of dilution at 5.5c, when it is obvious the shareprice can be moved upwards quite easily.
I doubt any portion of SNE will be sold at the NPV of $10 as why would someone pay that price and get no return. They are paying $10 for something worth $10.
More likely the pice will be between $4 and $8 per barrel.
Will be interesting to see if anyone else has other sales evidence of no developed oil field sales of similar size other than the Oilsearch one I flagged earlier.
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Last
36.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $33.26M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 168182 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 6001 | 1 |
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| Last trade - 16.21pm 04/07/2025 (20 minute delay) ? |
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