Small Cap. stocks in the Fossil Fuel sector struggle to get their businesses to be cashflow positive, the barriers they have to overcome are sizeable - environmentalists, Govt. (Politically cautious), renewables (won't replace O & G) getting the stuff out of the ground, then finding methods to transfer their stuff.
GAS you'd expect on the cusp of doing something to signal they are on the map, will this lead to alerting stakeholders that the future is bright!
Meanwhile Woodside are expecting a 50% uptick in demand as we drive headlong into a renewable society!
If 2024 is not GAS's year, the demand looks to be growing & GAS surely will unlock its reserves in time!?
Regarding Govt., which is the better place to be in the Fossil Fuel sector - Qld OR W.Aust.?
With a little bit of patience, perhaps both States will present small Cap. businesses opportunity! - it's a matter of backing the right one!
The World will need more gas!
Small Cap. stocks in the Fossil Fuel sector struggle to get...
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GAS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.3¢ |
Change
-0.002(3.64%) |
Mkt cap ! $20.10M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.4¢ | 5.3¢ | $5.408K | 101.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 5.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 302060 | 1 |
View Market Depth
| Last trade - 15.49pm 04/10/2024 (20 minute delay) ? |
| GAS (ASX) Chart |