LIO
Click for more information
20.0% 2.4¢ lion energy limited

What an absolute crock..."Multiples of book...

  1. trade4profit
    15,276 Posts.
    lightbulb Created with Sketch. 45
    clock Created with Sketch.
    17/11/04
    15:20
    Post #: 660988
    What an absolute crock...

    "Multiples of book value"

    Yeah...x2...big deal!

    All up they paid about $2.4m for Bula and the rig...at a time when oil was about $11 a barrel.

    Since then, oil has quadrupled, the rig has been upgraded appoximately doubling it's value, field decline has all but ceased and additianal wells have been drilled on the permit.

    Deal of the century...for the buyers!

    Someone needs their head read!

    Cheers!
    LIO Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

RMS Ramelius boosts WA gold portfolio with stake in Spartan
right-arrow Created with Sketch.
LYC Lynas eyes first dysprosium, terbium HREE production in CY25
right-arrow Created with Sketch.
CMX ChemX Materials kicks off first stage works at WA high purity alumina pilot
right-arrow Created with Sketch.
NEWS Tenant turnover: Reducing costs and revenue-loss
right-arrow Created with Sketch.
NIM Nimy extends sulphide targets at Mons with new anomalies identified
right-arrow Created with Sketch.
PDN Paladin flags up to 4.5Mlbs of uranium production in FY25 guidance
right-arrow Created with Sketch.
watchlist Created with Sketch. Add LIO (ASX) to my watchlist
(20min delay)
Last
2.4¢ 		Change
0.004(20.0%) 		Mkt cap ! $10.48M
Open High Low Value Volume
2.1¢ 2.4¢ 2.1¢ $9.805K 452.0K

Buyers (Bids)

No. Vol. Price($)
2 373600 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 93397 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
LIO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.