TEG 14.3% 0.6¢ triangle energy (global) limited

There appears to be a great deal of expectation among posters...

  1. 142 Posts.
    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.
 
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Last
0.6¢
Change
-0.001(14.3%)
Mkt cap ! $12.48M
Open High Low Value Volume
0.7¢ 0.7¢ 0.6¢ $10.40K 1.571M

Buyers (Bids)

No. Vol. Price($)
23 9774134 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 1545978 5
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Last trade - 11.35am 11/11/2024 (20 minute delay) ?
TEG (ASX) Chart
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