That's incredibly unlikely. OXX have about $3.5M spare cash and a ton of debt.
It sounds like OBL was actually talking to BRU but the talks fell through. I had suspected they were trying to get BRU to cover some of the drilling costs. So it obviously wasn't as much of a slam dunk with a super major lined up if they were trying to hash something out with BRU. It still might be a possibility with this action a bit of hardball, but if it's not BRU it would hopefully be some other mid-tier oiler, maybe even FMG again who would be more interested if they got a lot more equity. That door didn't sound like it slammed shut.
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.312M |
Open | High | Low | Value | Volume |
2.2¢ | 2.2¢ | 2.1¢ | $14.53K | 681.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 968848 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 40000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 683870 | 0.003 |
19 | 25757561 | 0.002 |
15 | 18215015 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 11012939 | 22 |
0.005 | 5224950 | 6 |
0.006 | 9926666 | 4 |
0.007 | 7845449 | 7 |
0.008 | 3646766 | 2 |
Last trade - 10.35am 07/11/2024 (20 minute delay) ? |
EMP (ASX) Chart |