Can’t be too far away …. Let’s do some math… please correct me if wrong…. After .008c Aud per share capital return OEL should have approx 10 mil US equals about 15.4 mil Aud… then all going well … OEL should make approx US $12 to $15 mil profit per year … approx $22milAud… so at present we have approx 1.2c EV in cash and returning at least .004c Aud per share each year & that represents an immediate 50% return and a further 25% return in a year … cut the BOD fat & maybe more will invest ???
Just bought a few more
Ann: Return of Capital to Shareholders, page-74
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.54M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $35.28K | 2.729M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 548930 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 10763832 | 19 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
1.2¢ |
Change
0.000 ( 7.69 %) |
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| Open | High | Low | Volume | ||
| 1.2¢ | 1.2¢ | 1.2¢ | 19951 | ||
| Last updated 10.23am 03/06/2024 ? | |||||
| OEL (ASX) Chart |