Yes im concered the current market cap is to low!
It dosnt take into account everything that TEG manangement are currently doing to
A) Finalise Renewal process
B)Increase Production from current wells
C)Exploration wells to be drilled
TEG Has no debt and is currently profitable with what they have really inherited from the buyout, once they begin to develop production, you'll see major profit upgrades.
Dont forget Markets are forward looking.
IMO
$100 mil market capitalisation at 7.5c, page-5
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 (20min delay)
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Last
0.7¢ |
Change
-0.001(6.67%) |
Mkt cap ! $14.56M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $52.03K | 7.434M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 16299603 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 171268 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| TEG (ASX) Chart |