Its a suprising move in that no-one saw it coming. But thats all. None of the presentations by the new mgt team featured GAS as part of their forward strategy.
They have cashed out roughly 50% so we still have a position in GAS.
The decision was about derisking TEG and moving L7/EP437.
We sold at placement prices.
If GAS rockets we still hold half our exposure. Importantly TEG is prepared to back its own project.
IMO the move makes sense.
Its a suprising move in that no-one saw it coming. But thats...
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Last
0.5¢ |
Change
0.001(12.5%) |
Mkt cap ! $9.360M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $33.45K | 8.214M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 47163872 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 7793501 | 15 |
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| Last trade - 12.26pm 04/09/2024 (20 minute delay) ? |
| TEG (ASX) Chart |