NAv is 140c , they will be having a good year, dividend due this month.
With rhe low dollar and their state of art plant and products, I would expect serious corporate interest while the shares are massively below NAV.
Can't see the big holders in this fairly illiquid stock not being happy with a sensible exit now that oil and gas markets are looking tougher mid term.
Sitting Duck fot Takeover
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Last
26.0¢ |
Change
-0.015(5.45%) |
Mkt cap ! $72.45M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 26.0¢ | $30.33K | 114.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 54900 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 38152 | 1 |
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| Last trade - 13.12pm 26/11/2024 (20 minute delay) ? |
| MCE (ASX) Chart |
