TEG 7.14% 0.8¢ triangle energy (global) limited

There seems to be some conjecture in the market on how TEG would...

  1. 7,472 Posts.
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    There seems to be some conjecture in the market on how TEG would spend /invest any profit they made from GAS . Let's say they end up with $100 million form the sale or takeover of GAS. What would they do? They have a habit of buying established projects EG from Mobil in Indo , Cliff head from ROC , both with their own set of problems. Would they pocket away some of the money towards future decommissioning costs of Cliff Head?. Would they go all out to explore new Gas or Oil opportunities in the PB , would they diversify into other energy fields such as Lithium? Would they buy another established project? Some would say TEG 'got lucky' with Reids Dome. Does the existing board have the intellectual rigor to take the company further and higher with any windfall from Sate Gas ? Do they need to invest in new, experienced people before new projects?
 
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Last trade - 15.37pm 14/11/2024 (20 minute delay) ?
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