What you have said and Itsa have mentioned have merit no doubt.
I just cringe at the sale at .28 but as yourself and Itsa have stated for commercial reasons and the prospect of what L7/437 potential has and funds required yes GePembrok you are correct, as is Itsa
Markets are very tough at moment and the Market even with our substantial holding in GAS was giving us next to nothing for it.
As you say unhappy today but the Board has made its decision so I live with it and hope that this $6.7mil gets used to make us more money and a better SP. It is very handy Capital to have for sure in the Bank.
We still do retain 10% of GAS for upside. .28 just feels Sooo cheap.
I'm dirty today, But good volume going thru and TEG is holding well considering.
Ann: Triangle Monetises State Gas Shares, page-44
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.26M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 2.0¢ | $8.144K | 410.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 4230315 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 2113287 | 6 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| TEG (ASX) Chart |