Why is every possible seller an disgruntled ex-employee. Why are we stupid or bitter & twisted? Why are sellers bots, rampers and other bad fringe elements trading in an otherwise great stock?
Several of you posters are in JT's pocket and sprouting company propaganda.
Consider this:
What is the current gas production rate? It doesn't cover burn-rate.
No renewal of PASE PSC in the foreseeable future. They will be granted caretaker status. Have a look at Medco next door and how long they had to wait with a $600 mil investment awaiting renewal.
Workovers have been a disaster. The wells will never flow or return the investment. What happened to JT's forecast of 100 MMCFD? LOL
The bid for the XOM assets is a multi billion dollar exercise. TEG will become a pimple on an elephant debt-play, if it happens.
The con note from SC is expensive debt, not equity. If the XOM assets are bought by xomeone else, which is likely (MEDCO, Japanese, Pertamina to name a few candidates) SC will run to the hills.
Thank you and have a nice day.
Ann: Chairman's Address to Shareholders , page-37
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Last
2.0¢ |
Change
0.001(2.56%) |
Mkt cap ! $36.26M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 1.9¢ | $110.1K | 5.716M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1563970 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 1985670 | 7 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| TEG (ASX) Chart |