I don't think the market has really priced in the qld asset. this should be the first step in seeing some value appreciation in the SP related to the aquisition (if the market is efficient). Note GAS has an $80m MC with less than 300BCF officially announced as 2C.(I'd check that figure as ive stopped following GAS closely)
with RC's connections at GAS we could see a strategic investment from St baker. Would be good getting some big investors on board.
Ann: Trading Halt, page-67
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Change
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Mkt cap ! $197.4M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.0¢ | $254.5K | 1.534M |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 316607 | 16.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 106270 | 7 |
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