I agree Bung. Just noticed in AGL financial release today that they have valued their investment in Galilee Basin at zero. At first glance you would think this is a big concern for SH although they have always stated development of the JV would be some years away. So could the zero value ascribed just reflect the current situation and not the future. If there was no real value in it they would just walk away and not spend further funds. Any other views?
take over chances just increased substantially, page-48
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $5.757M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $2.724K | 248.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1551000 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 634987 | 1 |
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| Last trade - 12.55pm 03/12/2024 (20 minute delay) ? |
| GLL (ASX) Chart |
