Moorpett
I cant disagree with you on the see-thru valuation, but you need to be aware of the staff and admin costs incurred by TEG if you are just valuing GAS into TEG.
Secondly, I would see an ORG takeover of GAS as a very low probability event. Given the balance sheet stress of ORG, it would be a massive leap of faith to use that as a reason to buy GAS, IMHO. A bit like the recent discussion of a BPT takeover of TEG. That came to nothing.
BTW, did you have a look at the costs I mentioned???
DYOR
AL
Ann: AGM Presentation, page-17
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Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $36.26M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.0¢ | $36.09K | 1.804M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 5508160 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 4198018 | 8 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| TEG (ASX) Chart |