|Bid||0.3200 x 1126100|
|Ask||0.3250 x 873000|
|Day's range||0.3200 - 0.3300|
|52-week range||0.2850 - 0.6950|
|Beta (5Y monthly)||0.13|
|PE ratio (TTM)||N/A|
|Earnings date||29 Sept 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
State Gas Limited (ASX:GAS) announces its collaboration with Rockminsolutions Pty Ltd to investigate the manufacture of low emission hydrogen with carbon sequestration in the west of its 100%-owned ATP 2062 Rolleston-West Gas Project.
The last financial year has been the year in which State Gas Limited (ASX:GAS) marched towards reserve certification. Production testing at Nyanda-4 corroborated our theory that seams as deep as 1,100 metres were contributing to our gas flows.
State Gas Limited (ASX:GAS) is pleased to advise it has successfully completed an A$8 million placement at $0.32 per share (Placement). The offer received strong interest and was supported by a number of Australian institutional and sophisticated investors.