Not sure you understand what ROE actually is. Since GLL has not booked income or payed a dividend their current ROE is zero. However, say they were to start producing gas at 5million GJ/yr @ $2 profit per with the current share market valuation their ROE would be around 80%. The ROE of the entire market (as measured by the S&P 500) has averaged in the low to mid-teens in recent years and recently hovered around 12.5% in 2016.
All speculative until they show gas but gas is what will drive the global economy for the next 20-30 years and the Galilee has a crapp load of it.
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.757M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.4¢ | $3.648K | 260.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 959618 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 239447 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 799703 | 0.012 |
5 | 644898 | 0.011 |
3 | 600000 | 0.010 |
3 | 611112 | 0.009 |
2 | 185000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 70000 | 1 |
0.014 | 48500 | 1 |
0.016 | 100000 | 1 |
0.018 | 27000 | 1 |
0.019 | 525237 | 3 |
Last trade - 12.11pm 27/11/2024 (20 minute delay) ? |
GLL (ASX) Chart |