Those like me who brought in at over 7 cents, we will IMO never re-coup our money.
Soon there will be over 500,000,000 shares on issue.
Even with Cadloe possibly going ahead there will be mkt cap of say $18 m. So that's roughly 3.6 cents per share.
$18 m based of the experts NPV of $22 m plus a further 'state of the mkt discount' I guess the NPV includes PKO need to raise capital to pay for Venturoils development cost of $10 million at the time of spudding the first Cadloe well. I reckon PKO sp will either get caned at cap raising time to pay for Venturoils $10 m; or diluted with Alberts buying further in to this company.
In March the sp rose temporarily to 3 cents and now realistically down to 1.5 cents. Some brought in earlier this week at 1.1 cents.
I dont know why I didnt do the sums back in March, because that was a prime selling opportunity at 3 cents.
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.635M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 997391 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 2274988 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 8663282 | 0.003 |
4 | 6244001 | 0.002 |
3 | 7833239 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 500000 | 1 |
0.005 | 3067552 | 2 |
0.006 | 339044 | 3 |
0.007 | 215697 | 3 |
0.008 | 218888 | 3 |
Last trade - 16.12pm 07/11/2024 (20 minute delay) ? |
PKO (ASX) Chart |