I have recently become an investor in TEG .
It looks good value when you take into account it's GAS holding .
The declining SP is a concern .
I have looked at past announcements on the purchase of Cliff Head and cannot find anything about removal of the platform and rehabilitation when the field finally depletes .
Can anyone enlighten me if the responsibility lies with the previous owners or with TEG .
How much is it likely to be and if it has been accounted for ?
Could it be a reason why the SP is struggling ?
GLTAH
Cliff Head Rehabilitation
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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 |