GGX 0.00% 0.1¢ gas2grid limited

movement !!, page-29

  1. 189 Posts.
    Farm out ann probably days not weeks judging by the share price action.

    This stock has a couple of legs to go yet.
    Even though its run to 4 cents - the market cap is still tiny if they have done a decent deal. Look at the way it ran last year.

    8-10 cents on the back of the farm out likely IMO.
    $50 mil mkt cap would be reasonable for a company with these sort of prospects and a drilling campaign commencing and existing reserves.

    If they hit more oil (highly likely given the work done to date) it will be more like 25-30 cents quickly.

    In addition to this - management has an exceptional track record (eastern star gas) and has serious skin in the game (plus 50% of the company)

    Enjoy riding the GG pony in 2014 holders - it might end up being the best performing stock on the ASX this year.

    :)
 
watchlist Created with Sketch. Add GGX (ASX) to my watchlist
(20min delay)
Last
0.1¢
Change
0.000(0.00%)
Mkt cap ! $4.077M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0
GGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.