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State Gas Issues 148 Unquoted Convertible Notes

Story Highlights
  • State Gas Limited has issued 148 unquoted convertible notes on 3 February 2026.
  • The unquoted convertible notes, part of prior transactions, bolster State Gas’s funding flexibility and capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
State Gas Issues 148 Unquoted Convertible Notes

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State Gas Ltd. ( (AU:GAS) ) has issued an announcement.

State Gas Limited has notified the market of the issue of 148 unquoted convertible notes, effective 3 February 2026. The new securities, which form part of previously announced transactions and are not intended to be quoted on the ASX, represent an additional source of funding or capital structure adjustment for the company, with potential implications for future equity if the notes are converted.

The most recent analyst rating on (AU:GAS) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on State Gas Ltd. stock, see the AU:GAS Stock Forecast page.

More about State Gas Ltd.

State Gas Limited is an Australian-listed energy company focused on the exploration and development of gas resources. The company operates within the oil and gas sector and is listed on the ASX under the code GAS.

Average Trading Volume: 779,184

Technical Sentiment Signal: Sell

Current Market Cap: A$10.61M

Learn more about GAS stock on TipRanks’ Stock Analysis page.

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