GAS 4.55% 4.6¢ state gas limited

For what consideration will GAS need to offer...

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  1. 21 Posts.
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    For what consideration will GAS need to offer Dome to acquire the remaining 20%? I think perhaps a little speculative and ambitions to think this comes for free and hence there will be an auto SP increase of 20%, + premium if full ownership is assumed. Perhaps this is why an independent financial adviser is on-board so market value can be obtained and this will facilitate the price negotiation to gain and then sell 100% ownership (80% GAS, 20% Dome) of the project.

    I'm expecting a higher share price because market value will ultimately set the price for what the asset can be sold for, however I think assuming 100% of the project is just a means to an end and would be careful in expecting a 20% freebie in share price appreciation on full project ownership without knowing the details of the JV agreement.

    I think management need to provide some clarity hear because there seems to be considerable amount of speculation going on.
 
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Last
4.6¢
Change
0.002(4.55%)
Mkt cap ! $17.44M
Open High Low Value Volume
4.4¢ 4.8¢ 4.4¢ $26.02K 562.2K

Buyers (Bids)

No. Vol. Price($)
1 12726 4.6¢
 

Sellers (Offers)

Price($) Vol. No.
4.7¢ 211204 1
View Market Depth
Last trade - 14.36pm 25/11/2024 (20 minute delay) ?
GAS (ASX) Chart
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