An exit value would be difficult to determine, I would assume a value of somewhere between 5-15 per BOE of reserves. There are indeed uncertainties with these assets, but I would also not cross out an equity swap with another asset. I assume the value realisation lies in the bundling of the assets as a value add reserve + exploration upside.
This reminds me a bit like TAP having to sell their stake in an oil field as they could not negotiate a tie in with another JV for production. By memory the deal was done at close ~$20 a barrel.
- Forums
- ASX - By Stock
- NDO
- wl reserves released
wl reserves released, page-83
Featured News
Add NDO (ASX) to my watchlist
|
|||||
Last
89.0¢ |
Change
0.040(4.71%) |
Mkt cap ! $202.9M |
Open | High | Low | Value | Volume |
86.5¢ | 89.0¢ | 80.5¢ | $84.88K | 103.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12343 | 80.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
89.0¢ | 2076 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12343 | 0.805 |
1 | 1338 | 0.800 |
1 | 5000 | 0.780 |
2 | 26000 | 0.760 |
2 | 664 | 0.755 |
Price($) | Vol. | No. |
---|---|---|
0.890 | 2076 | 1 |
0.940 | 2000 | 1 |
0.970 | 10000 | 1 |
0.990 | 5000 | 1 |
1.090 | 50000 | 1 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
Featured News
NDO (ASX) Chart |