Nice to see those 3m shares dumped at 1.5 get scooped up quickly.
What I'd really love to know is the price we're getting for the uncontracted gas... Being a small domestic producer exempt from the $12/gj cap, that $6 gross profit per GJ might look awfully conservative.
IMO it's a reasonable value investment even at just $6/gj but when I'm seeing prices over $15/gj mentioned then that gets me a bit more interested.
Extract from an EEG announcement in May
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $4.267M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $1.242K | 496.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 17714111 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 6914191 | 10 |
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| Last trade - 11.39am 17/06/2025 (20 minute delay) ? |
| MEL (ASX) Chart |