Worthwhile read page 17 of fin rev. Basically domestic and industrial users of gas (and elec) are not going to get any benefit from lower oil prices and in fact local prices are still heading north.
The article talks about brick manufacturers and chemical manufacturers needs for gas supply etc.
It makes the forward sales agreement for upfront premium deal that STX management did look like a genius move now IMO.
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Last
20.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $644.7M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 21.3¢ | 20.0¢ | $741.8K | 3.578M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 968233 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 751052 | 8 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| STX (ASX) Chart |
