There appears to be a great deal of expectation among posters regarding the future price of this stock. I share this expectation but not to the degree of many other posters. The stock will most likely have a modest gain if & when the contract is renewed but then what? The program for 2011 as announced is for the workover of existing mainly non producing wells, so ok if they are sucessful in bringing these wells back into production we will see an increase in production & sales but my concern is that the existing wells have been in production for a long time & will not last forever - what about new fields, have they or will they run a seismic over the leases searching for new gas & oil leads, give us an oil lead then you will see some real action.
- Forums
- ASX - By Stock
- program
There appears to be a great deal of expectation among posters...
-
- There are more pages in this discussion • 33 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
Add TEG (ASX) to my watchlist
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.360M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.4¢ | $1.23K | 290K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
33 | 28013880 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 8370627 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
33 | 28013880 | 0.004 |
21 | 26209002 | 0.003 |
12 | 23296994 | 0.002 |
8 | 19977777 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 8370627 | 18 |
0.006 | 7831179 | 16 |
0.007 | 9728909 | 13 |
0.008 | 4735722 | 8 |
0.009 | 3294949 | 6 |
Last trade - 12.38pm 05/09/2024 (20 minute delay) ? |
Featured News
TEG (ASX) Chart |