Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
State Gas Ltd. ( (AU:GAS) ) has shared an announcement.
State Gas Limited has announced a proposed issue of securities, including convertible notes, CN options, and broker options, totaling over 74 million securities. This strategic move is aimed at raising capital to support the company’s operations and growth initiatives, potentially enhancing its market position and offering new opportunities for stakeholders.
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 operates in the energy sector, focusing on the exploration and development of gas resources. The company is involved in the production and supply of natural gas, catering to energy markets and contributing to the energy supply chain.
Average Trading Volume: 813,691
Technical Sentiment Signal: Sell
Current Market Cap: A$11.79M
See more data about GAS stock on TipRanks’ Stock Analysis page.