NGY's fundamentals are positive & bullish -
1) 1st CBM POD approval in Indonesia for its Tanjung Enim POD 1 in South Sumatra - Indonesia has one of the world's largest CBM reserves and South Sumatra has the largest CBM reserves in Indonesia. There is a shortage of gas for domestic consumption in Indonesia;
2) Change from being a gas explorer to a gas producer with income generated when production and gas sales commence;
3) Bullish prospects for the natural gas industry.
NGY's technical indicators have become bullish -
Technical Analysis of NUENERGY GAS LIMITED (ASX:NGY) — TradingView
NGY Share Technical Analysis | Nuenergy Gas Ltd | SwingTradeBot.com
NGY Technical Analysis (NGY) - Investing.com
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- Ann: Invitation to attend ceremony for approval of POD1 (TE PSC)
Ann: Invitation to attend ceremony for approval of POD1 (TE PSC), page-163
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Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.65M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 593225 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.0¢ | 53836 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 593225 | 0.018 |
3 | 311234 | 0.017 |
1 | 125000 | 0.016 |
1 | 230845 | 0.013 |
1 | 66888 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 53836 | 2 |
0.023 | 103247 | 2 |
0.024 | 55000 | 1 |
0.025 | 39943 | 1 |
0.038 | 49502 | 1 |
Last trade - 10.06am 09/07/2024 (20 minute delay) ? |
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