Should TEG hit paydirt then I reckon 10c share price might be a bridge too far. The pressure on selling will be immense. The latest cap raise flooded the share registry and the pressure to take profit for many holders will see any raise sold into in a major way.
I am hoping for a positive announcement that is open ended as to the volume of gas (or oil) so that most holders want to hang around for the full assessment. By then the major O&G companies will have their ducks lined up to take control and the price will be sweet.
And then I woke up from my dream...
400 percent upside potential about to spud, page-21
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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 |