Small Cap. stocks in the Fossil Fuel sector struggle to get their businesses to be cashflow positive, the barriers they have to overcome are sizeable - environmentalists, Govt. (Politically cautious), renewables (won't replace O & G) getting the stuff out of the ground, then finding methods to transfer their stuff.
GAS you'd expect on the cusp of doing something to signal they are on the map, will this lead to alerting stakeholders that the future is bright!
Meanwhile Woodside are expecting a 50% uptick in demand as we drive headlong into a renewable society!
If 2024 is not GAS's year, the demand looks to be growing & GAS surely will unlock its reserves in time!?
Regarding Govt., which is the better place to be in the Fossil Fuel sector - Qld OR W.Aust.?
With a little bit of patience, perhaps both States will present small Cap. businesses opportunity! - it's a matter of backing the right one!
The World will need more gas!
Ann: Mechanical Completion of CNG Facility, page-15
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.90M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.5¢ | $49.11K | 421.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7875 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 70499 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| GAS (ASX) Chart |