GAS

22.2%

4.4¢ state gas limited

Hi Pumper - it's great to get excited & perhaps for good reason...

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MarkHGO

507 Posts.

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01/03/19

17:10

Post #: 37624351
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Originally posted by pumper: ↑

Pumpers Book
With an ear to the ground, a stethoscope to the wall. the buying of way over priced glasses of Shiraz and some very ordinary boutique beers that you could consume with a knife and fork the Pumper will take a stab at the GAS Data Room- Its HOT and only going to get Hotter.
Who's in the mix and who's not care to take a stab?

2-1 Beach Energy
3-1 Santos
4-1 Mr.Asia
4-1 Origin Energy
6-1 Shell Australia
8-1 Others

Beach Energy
For me this is the pick. What a company. A well run O&G machine that has many in the Industry now respecting Bigtime.
Super aggressive right now in accumulating great assets and unloading the smaller stuff they don't want to deal with now.
They want BIG gas and what has been touted as one of possibly QLD biggest discoveries we have what they want the GAS.
Beach are right now thinking and wanting BIG, real BIG and at GAS we have what they DESIRE.
They have the Balls, Money, Power, Personnel and Smart to make the GAS a reality and make it a deservedly serious producer.
They are seeking out BIG plays. This company Beach along with its SP is becoming one of the big players in Aust. and the GAS is another perfect stepping stone.
I am a huge fan of this company and their presentation at GoodOil in Perth had me just dribbling. AWESOME.
I reckon Team Beach would have Mr.Paton from Team GAS bent over in a headlock right now with a knuckle rub activated on his scalp yelling "Tell us everythang".
I would take the combo with the lot of cash and script from this company in a heartbeat for my shares in the GAS.
Yes for me the Beach is great company moving forward and we have a seriously good asset that fits their agenda perfectly.
No doubt the Santos and Origin great companies with massive assets and would have to be in the data room kicking the can around. They surround us and only makes sense.
But Gut instinct and respect for the Beach would just love to see them take out the mighty GAS.
Anyway for me the GAS will get sold just a matter of who and when?
Hey all of the above IMHO and as always DYOR.
Pumper

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Hi Pumper - it's great to get excited & perhaps for good reason - I'm just a little concerned that we will get a realistic price from this quarter - lost heavily on NXS when it was taken out & the Stocks camp, if I am right?, is well & truely on board with Beach - seller beware of alow ball offer, just hope GAS rewards me on the upside from this point - all indications are that it should!

GAS Price at posting: 88.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 4.4¢		Change 0.008(22.2%)		Mkt cap ! $17.44M

Open	High	Low	Value	Volume
3.9¢	4.4¢	3.9¢	$21.08K	499.9K

Buyers (Bids)

No.	Vol.	Price($)
1	100000	4.0¢

Sellers (Offers)

Price($)	Vol.	No.
4.4¢	270428	2

View Market Depth

No.	Vol.	Price($)
1	8000	0.850
1	1500	0.840
1	24000	0.830
1	24200	0.820
1	14067	0.815

Price($)	Vol.	No.
0.900	6515	2
0.910	15000	1
0.930	5000	1
0.940	8489	1
0.950	5000	1

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Hi Pumper - it's great to get excited & perhaps for good reason...

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Hi Pumper - it's great to get excited & perhaps for good reason...

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