I wish it was so simple.it appears all gas stocks are being pounded as investors realise that cost pressures in Australia are stopping the development of further gas fields. We are just too expensive.The world does not have to buy from Australia. there are cheaper alternatives emerging.Looks like a painful adjustment coming, with huge wages having to be slashed and red and green government tape having to be rolled back.Lets hope sanity prevails and Australia does not miss the boat on growing gas demands over the next few decades.
However, if it goes below $1.00 I will scoop up more.
GLTA
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Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.92M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.2¢ | $28.19K | 1.225M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1816338 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 883040 | 6 |
View Market Depth
| Last trade - 12.12pm 16/07/2025 (20 minute delay) ? |
| BRU (ASX) Chart |