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State Gas Ltd. ( (AU:GAS) ) just unveiled an announcement.
State Gas Limited has notified the market of the issue of 9.6 million unquoted broker options, effective 3 February 2026, under an existing equity transaction previously flagged in an earlier filing. The move expands the company’s pool of incentive securities aimed at brokers, which may support future capital-raising or market engagement efforts but will not immediately affect the company’s quoted share capital, as the options are not listed on the ASX.
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, listed on the ASX under the code GAS, operates in the energy sector with a focus on gas exploration and development activities in Australia. The company is part of the broader upstream oil and gas industry, targeting natural gas resources to support domestic energy markets.
Average Trading Volume: 779,184
Technical Sentiment Signal: Sell
Current Market Cap: A$10.61M
See more data about GAS stock on TipRanks’ Stock Analysis page.