Looks like this company:
1) Has $3.5m from a recent raise at 1.3c
2) Just received $16m for sales for the past 3 months
3) Owns 20% of ASX:GAS worth ~$10.2m
4) Had $2.6m from previous quarterly
5) have total liquid assets of around ~$32.3m
All for a market cap of ~$20m???
What is their production rate of oil going forward? It looks like costs are ~ US$45/bbl from previous quarterly. Are they expected to produce at current rate much longer?
What Am I missing?
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.56M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.6¢ | $20.81K | 3.401M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 8958700 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 3284467 | 9 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| TEG (ASX) Chart |