TEG's in the process of a massively dilutive capital raising (25%?) and is facing severe headwinds from the oil price but is still up almost 50% which is all GAS IMO. You're right though that we should be higher again. TEG's shares are escrowed until Oct 2019 and even then will face a liquidity discount if it wants to offload them which accounts for the majority of the discrepancy IMO, the rest being a lack of understanding/knowledge from the market about TEG's ownership.
expectations for monday, page-14
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Last
4.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.44M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34280 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 270428 | 2 |
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| Last trade - 08.59am 22/11/2024 (20 minute delay) ? |
| GAS (ASX) Chart |
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