State GAS Limited (ASX: GAS)

Sector: Energy

Market cap: A$5M (as of 2 Nov 2026)

Conventional gas exploration

Data as of 2 Nov 2026.

Recent capital raises

Date	Type	Amount	Price	Discount	Source
12 Sept 2024	Rights issue	$5.254M	—	—	Filing ↗
6 Aug 2024	Rights issue	$5M	$0.05	—	Filing ↗
5 Sept 2023	SPP	$2.385M	$0.15	16.7% discount	Filing ↗
8 Aug 2023	Placement + SPP	$8M	$0.15	16.7% discount	Filing ↗
10 Oct 2022	Placement	$7M	$0.28	20% discount	Filing ↗

Substantial holders — latest moves

Date	Holder	Move	Holding	Source
13 July 2026	Emmanuel Kokoris	Entry	?% → 9.96%	Filing ↗
27 Sept 2024	Greg Alexander John Baynton, Allegro Capital Nominees Pty Ltd, Intercontinental Pty Ltd Investment for Retirement Pty Ltd and Baynton Brothers Pty Ltd	Entry	?% → 10.54%	Filing ↗
2 Sept 2024	Philip & Peta St Baker	Entry	?% → 6.95%	Filing ↗
13 Sept 2023	Triangle Energy (Global) Limited	Increase	9.33% → 9.33%	Filing ↗
18 June 2019	Jamie Pherous	Entry	?% → 5.3%	Filing ↗

Director trades — on-market

Date	Director	Trade	Source
29 Aug 2024	PHILIP ST BAKER	Bought 8,051,360 ordinary shares (Direct)	Filing ↗
30 Sept 2020	IAN PATON	Sold 100,000 ordinary shares	Filing ↗
4 Oct 2019	RICHARD COTTEE	Bought 13,000 ordinary shares	Filing ↗

Cash and runway

Metric	Value	As of	Source
Cash	A$515K	30 Sept 2026	Filing ↗
Runway	0.4 quarters	30 Sept 2026	Filing ↗

Ask about GAS in Claude or ChatGPT

Add the Capital Signal connector at https://capitalsignal.io/api/mcp, then ask:

Has GAS raised money in the last year, and at what discount?
What was GAS's latest cash position and runway?

Setup guide for Claude, ChatGPT and other MCP clients →

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