TVN 2.67% 7.3¢ tivan limited

"Following a tender process"This sounds like it has been under...

  1. 4,304 Posts.
    lightbulb Created with Sketch. 3004
    "Following a tender process"

    This sounds like it has been under consideration for some time.

    Clough are a pretty big engineering firm (a few doors up from where I live) who I know have been a significant player in oil/gas as well as materials handling.
    SMS do seem to have a fair few Australian projects where they have an involvement & I'd have probably guessed a different engineering company, but this makes sense.

    Clough's in country gas experience is probably something that played a part - the different hydrogen technologies which TNG & SMS have announced - plasma pyrolysis/turquoise hydrogen/carbon black - direct reduction process, Hysustain with AGV, will both require an engineering firm with hazardous area experience. Particularly as Hydrogen is a class IIC gas, knowledge & experience is priority. And Australia's EEHA/Hazardous area rules are complex so having an in country expert is the right way to go.



 
watchlist Created with Sketch. Add TVN (ASX) to my watchlist
(20min delay)
Last
7.3¢
Change
-0.002(2.67%)
Mkt cap ! $120.1M
Open High Low Value Volume
7.5¢ 7.5¢ 7.1¢ $107.0K 1.458M

Buyers (Bids)

No. Vol. Price($)
1 86244 7.3¢
 

Sellers (Offers)

Price($) Vol. No.
7.4¢ 58867 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
TVN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.