GAS 3.57% 13.5¢ state gas limited

Ann: Share Purchase Plan Results, page-2

  1. 6,098 Posts.
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    An 80% success for the SPP - GAS now have approx. $ 7.6 Mil (includes the $5 Mil from Sophisticated Investors) to carry them through to unlocking the next stage of their development which could get the Cashflows coming through!?

    So much might happen for GAS, we just aren't sure if it will happen!??? Will $ 7.6 Mil be sufficient?

    Meanwhile there's still talk of an East Coast energy shortage this Summer.
    China is ramping up Coal Fired Power "New Coal Power Stations"
    Yet, I've heard China is investing 3 times the $'s that the US is throwing at Renewables? Amazing stuff when you hear so much about Bidenomics & ESG policies in the US.

    While there's so much talk of Renewable Revolution underway, I expect Fossil Fuel demand will remain stronger for longer! If I'm interpreting this correctly, small Cap. companies with reserves may just be sitting on inflationary defensive asset bases!?

 
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Last
13.5¢
Change
-0.005(3.57%)
Mkt cap ! $37.02M
Open High Low Value Volume
13.0¢ 14.0¢ 12.5¢ $35.51K 267.0K

Buyers (Bids)

No. Vol. Price($)
5 344467 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 71671 1
View Market Depth
Last trade - 16.10pm 07/06/2024 (20 minute delay) ?
Last
13.0¢
  Change
-0.005 ( 7.14 %)
Open High Low Volume
13.0¢ 14.0¢ 13.0¢ 93817
Last updated 15.51pm 07/06/2024 ?
GAS (ASX) Chart
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