Australian (ASX) Stock Market Forum

GHT - Geothermal Resources

ALFguy

Trading gives me a headache
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Anyone have an idea why there's so little interest in this company?
Seems like they have good potential.
 
This has been quick strong against the deluge

Went from low of 0.40 on 28-feb to high of 0.60, now trading just under that level

no major news - just started drilling

mkt cap of just under $7m, 12m shares, 63% held by HAV so not many in the market
 
Now look at this stock fly. Have been in for some time now and it continues to climb. Added to the portfolio as part of a cleaner energy program. Added at the same time as AOE, LNC and GDY. Heres to the clean energy sector. :D
 
Now look at this stock fly. Have been in for some time now and it continues to climb. Added to the portfolio as part of a cleaner energy program. Added at the same time as AOE, LNC and GDY. Heres to the clean energy sector. :D

Ben - are you able to post some calculations on how you compare GHT with other geothermal stocks? How do you assess what value to place on them - is it future expected cash flows, or in the early days more based on level of advancement to production? If you are able to post comparative market caps for each that would be great.... thanks
 
Well, maybe only $70K traded today. Little seller depth. There was one trade for 1000 shares @ 2.69; other trades been from $1.74-$1.99. So 69% increase in a day is a grand feat, but not matched by any volume at all and it is an anomaly.

Bewildering though... ...
 
Ben - are you able to post some calculations on how you compare GHT with other geothermal stocks? How do you assess what value to place on them - is it future expected cash flows, or in the early days more based on level of advancement to production? If you are able to post comparative market caps for each that would be great.... thanks

It was just a gut feeling!! I don't bother with the technical stuff. I believe it to be a sector that has huge potential.
 
nice work Ben ... nothing wrong with following your gut! looks to still be running this morning with support above $2 - i only hold this via HAV
 
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