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GGX - Gas2grid Share Price

A$0.004 0.0  0.0%

Last Trade - 6:59am

Market Cap £3.07m
Enterprise Value £5.79m
Revenue £72.44
Position in Universe 1862nd / 1908
Bullish
Bearish
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Momentum
Relative Strength (%)
1m -21.9%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -73.3%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 30th Jun 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
0.12 0.17 0.057 0.022 0.002 0.000 -72.7%
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NFA
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FINANCIAL BRIEF: : For the six months ended 31 December 2020, Gas2GridLimited revenues remained flat at A$0K. Net loss increased54% to A$1.2M. Revenues reflect market conditions. Highernet loss reflects Administration expense increase of 22% toA$183K (expense), Depreciation increase of 49% to A$11K(expense), Insurance Costs increase of 36% to A$11K(expense).
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
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Profile Summary

Gas2grid Limited is engaged in the business of oil and gas exploration in the Philippines and France. The Company is involved in performing geological and geophysical studies, exploratory drilling of wells and seismic surveys. The Company's segments are Australia, Philippines and France. The Company holds interest in Service Contract 44 (SC 44), which is located onshore Cebu in the Philippines. The Company holds interest in St. Griede license. The license covers approximately 1,238 square kilometers within the onshore part of the Aquitaine Basin, north and east of the city of Pau in the south of France. The Company is also active within the Aquitaine Basin, south-west France where it has one existing exploration license and three new license applications, which are being processed by the French Government. The Company also plans to build and operate gas fired electricity generation plants in the Philippines. Its subsidiaries include Gas2grid Pte Limited and Wellfin Pty Limited.

Directors
Last Annual June 30th, 2020
Last Interim December 31st, 2020
Incorporated December 22, 2004
Public Since May 13, 2005
No. of Shareholders: n/a
No. of Employees: n/a
Sector Energy
Industry Oil & Gas
Index
Exchange Australian Stock Exchange - SEATS
Shares in Issue 1,378,996,985
Free Float (0.0%)
Eligible for
ISAs
SIPPs
2000
View larger map
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Address Level 218-22 Pitt Street, SYDNEY, 2000, Australia
Web http://www.gas2grid.com/
Phone +61 2 82983688
Contact ()
Auditors Stantons International Audit and Consulting PTY Ltd
GGX Share Price Performance
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Frequently Asked Questions for Gas2grid
What is the Gas2grid share price?

As of 6:59am, shares in Gas2grid are trading at A$0.004, giving the company a market capitalisation of £3.07m. This share price information is delayed by 15 minutes.

How has the Gas2grid share price performed this year?

Shares in Gas2grid are currently trading at A$0.004 and the price has moved by 100% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Gas2grid price has moved by 49.6% over the past year.

What are the analyst and broker recommendations for Gas2grid?

There are no analysts currently covering Gas2grid.

When will Gas2grid next release its financial results?

Gas2grid is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the Gas2grid dividend yield?

Gas2grid does not currently pay a dividend.

Does Gas2grid pay a dividend?

Gas2grid does not currently pay a dividend.

When does Gas2grid next pay dividends?

Gas2grid does not currently pay a dividend.

How do I buy Gas2grid shares?

To buy shares in Gas2grid you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Gas2grid?

Shares in Gas2grid are currently trading at A$0.004, giving the company a market capitalisation of £3.07m.

Where are Gas2grid shares listed? Where are Gas2grid shares listed?

Here are the trading details for Gas2grid:

Country of listing: Australia
Exchange: ASX
Ticker Symbol: GGX
What kind of share is Gas2grid?

Based on an overall assessment of its quality, value and momentum, Gas2grid is currently classified as a Sucker Stock. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Gas2grid share price forecast 2021?

We were not able to load any forecast data for Gas2grid.

How can I tell whether the Gas2grid share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Gas2grid. Over the past six months, the relative strength of its shares against the market has been 78.37%. At the current price of A$0.004, shares in Gas2grid are trading at 31.04% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Gas2grid PE Ratio?

We were not able to find PE ratio data for Gas2grid.

Who are the key directors of Gas2grid?

Gas2grid's management team is headed by:

David Munns - NEC
Dennis Morton - MDR
Patrick Yue - SEC
Who are the major shareholders of Gas2grid?

Here are the top five shareholders of Gas2grid based on the size of their shareholding:

Morton (Dennis James) Individual Investor
Percentage owned: 10.67% (213.6m shares)
Yucaja Pty. Ltd. Corporation
Percentage owned: 7.91% (158.4m shares)
Sam Yue (Wong Voon Moye Patrick) Individual Investor
Percentage owned: 5.93% (118.6m shares)
Munns (David Alistair) Individual Investor
Percentage owned: 3.04% (60.8m shares)
Reeder (Darren Wesley) Individual Investor
Percentage owned: 2.99% (59.8m shares)
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