@Baylo_45. I am invested in both companies but own 20X more PGY than I do TEG. When Greg Columbus invested at 2c when the price was 1.2c that was the big buy signal. His syndicate invested another $3.5M at 3c when the share price was only 2.2c. Follow the smart money. Why would he be paying a premium? Probably because he knows it will end up being a huge discount.
By the way, you might want to also research Samsung and why they have signed a MOU for $67M investment pending milestones. Their priority lies in AMMONIA of which the Mid West Clean Energy Project will deliver plenty!
Edit: Hold TEG
Ann: Quarterly Activities and Cashflow Report, page-13
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Mkt cap ! $36.26M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 2.0¢ | $22.75K | 1.137M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 3179714 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 4675459 | 13 |
View Market Depth
| Last trade - 12.21pm 16/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 2.0¢ | 2.1¢ | 2.0¢ | 481317 | ||
| Last updated 13.25pm 16/05/2024 ? | |||||
| TEG (ASX) Chart |