How to buy Bass Oil shares | A$0.001

Bass Oil Limited is an oil & gas e&p business based in Australia. Bass Oil shares (BAS) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.001 – a decrease of 50% over the previous week. Bass Oil has a trailing 12-month revenue of around $4.9 million.

How to buy shares in Bass Oil

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for Bass Oil. Find the share by name or ticker symbol: BAS. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Bass Oil reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $0.001, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Bass Oil. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Bass Oil's share price?

Since the stock market crash in March caused by coronavirus, Bass Oil's share price has had significant negative movement.

Its last market close was $0.001, which is 50.00% down on its pre-crash value of $0.002 and 0.00% up on the lowest point reached during the March crash when the shares fell as low as $0.001.

If you had bought $1,000 worth of Bass Oil shares at the start of February 2020, those shares would have been worth $500.00 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $500.00.

Bass Oil share price

Use our graph to track the performance of BAS stocks over time.

Bass Oil shares at a glance

• Key figures

Information last updated 2020-09-15.

Latest market close	AUDA$0.001
52-week range	AUDA$0.001 - AUDA$0.003
50-day moving average	AUDA$0.0016
200-day moving average	AUDA$0.0014
Target price	N/A
PE ratio	10
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$0.0001

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Bass Oil stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Bass Oil Limited by TradingView

Bass Oil price performance over time

Historical closes compared with the last close of A$0.001

1 week (2020-09-10)	-50.00%
1 month (2020-08-20)	-33.33%
3 months (2020-06-19)	0.001
6 months (2020-03-20)	0.001

1 year (2019-09-20)	-66.67%
2 years (2018-09-20)	-66.67%
3 years (2017-09-19)	-66.67%
5 years (2015-09-18)	-44.44%

Is Bass Oil under- or over-valued?

Valuing Bass Oil stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Bass Oil's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Bass Oil's P/E ratio

Bass Oil's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Bass Oil shares trade at around 10x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Bass Oil's EBITDA

Bass Oil's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $822,101 (£463,176).

The EBITDA is a measure of a Bass Oil's overall financial performance and is widely used to measure a its profitability.

Bass Oil financials

Revenue TTM	$4.9 million
Operating margin TTM	8.57%
Gross profit TTM	$2.7 million
Return on assets TTM	6.67%
Return on equity TTM	10.3%
Profit margin	3.33%
Book value	0.001
Market capitalisation	$6.7 million

TTM: trailing 12 months

Bass Oil share dividends

We're not expecting Bass Oil to pay a dividend over the next 12 months.

Have Bass Oil's shares ever split?

Bass Oil's shares were split on 24 September 2009.

Bass Oil share price volatility

Over the last 12 months, Bass Oil's shares have ranged in value from as little as $0.001 up to $0.003. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Bass Oil's is 2.091. This would suggest that Bass Oil's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Bass Oil overview

Bass Oil Limited engages in the exploration and production of oil and gas in Indonesia. It primarily holds a 55% interest in the Tangai-Sukananti KSO production assets located in South Sumatra, Indonesia. The company was formerly known as Bass Strait Oil Company Ltd and changed its name to Bass Oil Limited in March 2017. Bass Oil Limited was incorporated in 1965 and is based in Melbourne, Australia.

Frequently asked questions

• What percentage of Bass Oil is owned by insiders?

  Currently 46.953% of Bass Oil shares are held by insiders.

• When does the fiscal year end for Bass Oil?

  Bass Oil's fiscal year ends in December.

• Where is Bass Oil based?

  Bass Oil's address is: 11-19 Bank Place, Melbourne, VIC, Australia, 3000

• What is Bass Oil's ISIN number?

  Bass Oil's international securities identification number is: AU000000BAS3