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
0.5¢ |
Change
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Mkt cap ! $10.40M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $11.32K | 2.264M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 39632006 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 3250133 | 8 |
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| Last trade - 10.58am 03/09/2024 (20 minute delay) ? |
| TEG (ASX) Chart |