Hello Dozen,
This discount assigned to TEG vs GAS holding has been there for some time now. I am a holder, but is it possible that the market is discounting TEG based on some non-zero probability of near term decommissioning Cliff Head and Arrowhead? How many million AUD would need to be provided should CH volumes become uneconomic? My guess is tens of millions based on the scale of both assets.
Major week for TEG... check it out..., page-39
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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 |