My guess is they seem to be gearing up for a two-pronged approach at FMG, BHP, or Rio Tinto AND/OR the wheatstone Oil Majors;
- Geraldton is approximately halfway between Pilbara/Wheatstone and their HQ's;
- Two of these companies half the largest downhole programs in the world, and both are gearing up for monument-ous drilling programs on the back of extreme iron ore prices;
- All three companies are gearing up their renewable research with extreme emphasis on Hydrogen (publically shown by FMG);
- DUG recently released Hydrogen Battery patent and are green energy focus;
- It is clearly a prime location for many renewable technologies (solar, wind, wave etc);
- DUG was especially cautious with engaging traditional owners, especially after Juukan (this is a huge up-vote from me).
Thoughts?
Also, what are we expecting on their HPCaaS revenue growth this EOFY?
My guess is they seem to be gearing up for a two-pronged...
Add DUG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.64 |
Change
-0.060(2.22%) |
Mkt cap ! $311.8M | |||
| Open | High | Low | Value | Volume |
| $2.71 | $2.74 | $2.55 | $802.5K | 299.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4350 | $2.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.67 | 1337 | 1 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| DUG (ASX) Chart |