@deco19 I was under the impression that Geraldton hasn't even been finalised yet. As per the recent quarterly the Co has only signed an option to lease land so until this has been leased building can't commence.
In July 2021, DUG signed an option to lease land in Geraldton Western Australia. The option gives DUG a 24-month window to execute the Lease, which would have an initial term of 15 years, and allow for two five-year extensions. Subject to all required approvals the lease would permit construction of a data centre campus with associated infrastructure, and energy production from solar, wind and hydrogen.
What we want is an announcement with new contract revenue and an uptick in the Oil and Gas services division.
The stock market has an uncanny knack of making investors look impossibly stupid for an impossibly long period of time. This I think is one of those occasions. being so thinly traded certainly compounds our current situation.
the average SP for retail, page-10
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$2.76 |
Change
0.020(0.73%) |
Mkt cap ! $326.0M | |||
| Open | High | Low | Value | Volume |
| $2.75 | $2.80 | $2.68 | $496.6K | 182.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6587 | $2.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.76 | 1265 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| DUG (ASX) Chart |