The thing is okay, companies use to list with an IPO based on...

The thing is okay, companies use to list with an IPO based on their potential asset value and prospective future. These days the market basically says unless you have a commercial flowing well, your company is worth next to nothing regardless of their potential asset interests like Cambay and Canning. It is fundamentally wrong. OEX is worth much more than 10 cents without flow rates based purely on its assets IMO.