After the Seahorse- and Beach JV deals TDO has $14m+ in the kitty. It has an interest of 30% in oilfield VIC/P57 and 80% of gasfields T/49P. The gasfields are the main game. They're going to do additional seismic work to complement older data. The T/49P area is close to neighboring gasfields with existing pipeline infrastructure. The share price will be transformed when they can prove up massive gas reserves. In that situation I can see a takeover offer in the wings.
DYOR
After the Seahorse- and Beach JV deals TDO has $14m+ in the...
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Last
9.1¢ |
Change
-0.007(7.14%) |
Mkt cap ! $23.20M | |||
| Open | High | Low | Value | Volume |
| 9.5¢ | 9.5¢ | 9.1¢ | $22.25K | 235.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 109999 | 9.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.9¢ | 387595 | 2 |
View Market Depth
| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| TDO (ASX) Chart |
