what about state gas buying teg thereby initiating an effective 33.34 pct buyback at a huge discount!
thats what i would do and stategas shareholders wiuld love it !
they can then flog off the teg oil assets in a trade sale !!
cheap as for the net outcome
teg is way underpriced based on its stategas holding
i reckon the board is waiting for the next prove up in the dome- see thT the sandstone gas flow was unexpected and so strong they had to pump in more mud for safety reasons on the drill site - unexpected but a real boon for the resource prospectivity !
teg a great backdoor entry to state irregardless of its oil assets
i bought a few - actually quite a few today at not the best price as under 5.7 seemed ridiculous at the time but im happy
ill buy more under 5.3 if thats presented
i love seat of the pants fire from the hip selling!!
- Forums
- ASX - By Stock
- Ann: NWE: Xanadu 3D Seismic Results
what about state gas buying teg thereby initiating an effective...
-
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TEG (ASX) to my watchlist
|
|||||
Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.26M |
Open | High | Low | Value | Volume |
2.0¢ | 2.0¢ | 2.0¢ | $8.144K | 410.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 4230315 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.0¢ | 2113287 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 4230315 | 0.019 |
15 | 3661317 | 0.018 |
8 | 2415937 | 0.017 |
7 | 2932379 | 0.016 |
7 | 1335666 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 2113287 | 6 |
0.021 | 4518015 | 11 |
0.022 | 2200129 | 9 |
0.023 | 1868081 | 8 |
0.024 | 2258249 | 8 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
TEG (ASX) Chart |