GAS 0.00% 14.0¢ state gas limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-6

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    9 months funds expended approx. equal to Cash on Hand!

    If there cash burn is constant?, you'd expect a capital raising soon ?, if so, what price & how might they obtain further funding when finance is being progressively constrained by the RBA?

    The daily activity is vet low this week apart from one larger dump of 300,000 - so if GAs can deliver GAS & monetise it at scale, these despondent sellers are surely providing opportunity to shareholders should GAS include them in any funds raised.

    Of course, we don't how many shldrs have available cash to take advantage ie. that is if it is considered an advantage? - to buy into the Cap.Raise!? - if it eventuates?, surely it's not far away?
 
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Mkt cap ! $38.39M
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14.0¢ 14.0¢ 14.0¢ $42.54K 303.8K

Buyers (Bids)

No. Vol. Price($)
2 142462 13.0¢
 

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Price($) Vol. No.
14.0¢ 7140 1
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