EMP 19.1% 2.5¢ emperor energy limited

No hope for BRU, page-27

  1. 2,429 Posts.
    lightbulb Created with Sketch. 27
    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.
 
watchlist Created with Sketch. Add EMP (ASX) to my watchlist
(20min delay)
Last
2.5¢
Change
0.004(19.1%)
Mkt cap ! $3.312M
Open High Low Value Volume
2.4¢ 2.5¢ 2.4¢ $41.35K 1.676M

Buyers (Bids)

No. Vol. Price($)
1 323243 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.6¢ 119360 1
View Market Depth
Last trade - 11.40am 08/11/2024 (20 minute delay) ?
EMP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.