Hi Bundabum
your point with regards the sp at 7c is quite true, whilst i am not suggesting the sp will race to 10c on news of the renewal, at the time the sp was 7c the market was unable to attribute appropriate earnings multiples to this production due to the PASE expiring in 12 months. Perhaps with the renewal in place we will see a healthier multiple to the production and a little upside on the exploration front.
On top of that we have the Standard Chartered investment and the Exxon tender
Good to see the sp moving up again
Bring on the renewal !!
- Forums
- ASX - By Stock
- implications
Hi Bundabumyour point with regards the sp at 7c is quite true,...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
Add TEG (ASX) to my watchlist
|
|||||
Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.26M |
Open | High | Low | Value | Volume |
2.0¢ | 2.0¢ | 2.0¢ | $8.144K | 410.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 4230315 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.0¢ | 2113287 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 4230315 | 0.019 |
15 | 3661317 | 0.018 |
8 | 2415937 | 0.017 |
7 | 2932379 | 0.016 |
7 | 1335666 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.020 | 2113287 | 6 |
0.021 | 4518015 | 11 |
0.022 | 2200129 | 9 |
0.023 | 1868081 | 8 |
0.024 | 2258249 | 8 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
Featured News
TEG (ASX) Chart |