Comet Ridge should see a significant increase in share price with the government having to release a more favourable cost structure ongoing with the updated price module being released on July 7. From early commentary this looks to be incredibly favourable to Comet Ridge.
Already buyers are 4 times sellers and trades are up dramatically and for sizeable amounts.
What is the story here.
The competition regulator have advised a 300 PJ PA shortfall by 2034.
APPEA are advertising on main TV that gas has a place ongoing.
Victoria Is facing a severe Gas shortage ongoing with gas from the Bass Straight tapering off.
Many new projects from other Gas co’s are at a pure exploration stage. These will be years away from being ready as gas to market
Comet Ridge have a significant amount of known GAS - CONFIRMED already. This is available now to stem
future shortfalls in supplies.
Watch this space very closely. A big opportunity
Comet Ridge should see a significant increase in share price...
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Last
20.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $221.5M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.3¢ | $355.2K | 1.814M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 445123 | 5 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| COI (ASX) Chart |