GGE 25.0% 0.3¢ grand gulf energy limited

Demerger, page-11

  1. 4,481 Posts.
    Matyd, I am hearing you with nightshift, mine come around next week. I get a sleep in till 2am this week, whoopee.

    I just suspect "demerging US assets" might tell us they want to operate closer to home. You have to remember these penny stocks seem to spawn from only a few parents and have close family ties to others including sharing directors, major shareholders and even offices.

    I don't think its a stretch to suspect there is something on the Bunsen burner already. GGE seem to have made some good choices over the last few years (after blowout) and have steady income. I also am of opinion that gas is more lucrative here in Aus since we seem to sell most of it overseas and pay a huge premium here to get it. Another stock I hold has pre-sold most of expected payload including the condensate to BP.

    Something is afoot here, IMO
 
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