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hitchcoxg
Mar 18, 2024 3:46 AM

GLV.ASX Global Oil & Gas SENS. 

Description

Global Oil & Gas finds a new Gas Field. Share Price Pops up +30%.

Note, this is still early days, however there is a possibility for "OFF Factoring" to a Larger Concern IMO, as the Capital required will be Large. ( I.E. EXON , Shell etc.) Unless the AU Government Steps in.

The World needs Cleaner Energy, which NAT GAS provides. While this is still considered a Fossil Fuel, it is Cleaner Burning.

Maybe this Penny Stock could become a 10x Bagger? Time will tell.
Only for those Risk On Investors.

I've got only $300 In.

As always, please get a few outside Expert's Advice before taking Trade or Investment decisions.

If you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.

Regards Graham.

Comment

Using Chat GPT, 2 Trillion cubic feet of natural gas would have a prospective value of approximately $6 billion USD, calculated @ $3 per thousand cubic feet (Mcf) of natural gas. Prices vary greatly, and I've seen even $14 for Winter. However one can do their own math to see the prospective value. Interesting!

Comment

I think they should possibly Reverse Split 1/10 or 1/50 to make the Stock more Tradable?

Comment

Target Reached.
Now aiming for $0.10
Added $200 @ $0.04

Comment

Remains Strong = Hold and add.
Comments
hitchcoxg
Still Speculative. However if there could be manipulation, I would rather stay in as the Worlds' Energy will need this. Brave Investor.
garethhallster
I got a 60/200 day ma cross over buy signal at around 3.7 as well
hitchcoxg
@garethhallster, This one is speculative. However I normally use the 3 Day VWAP setting to decide the direction of Trade and stay Profitable.
garethhallster
This turned good as of yesterday. Great call for putting this on my radar
hitchcoxg
@garethhallster, I think they should possibly Reverse Split 1/10 or 1/50 to make the Stock more Tradable?
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