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The latest update is out from State Gas Ltd. ( (AU:GAS) ).
State Gas Ltd has applied to the ASX for quotation of 1,125,000 new fully paid ordinary shares under its ticker GAS, issued on 3 February 2026. The additional securities arise from the exercise or conversion of existing options or other convertible instruments, modestly increasing the company’s free float and potentially enhancing liquidity for investors, while signalling some level of confidence or value realisation by holders of those instruments.
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.
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.