We can agree to differ V_H but GLNG is a very large asset on the books so if it was worth 0 then STO would be worth little.
I don't think that's the case (the argument is not convincing), I have my money where my mouth is and my investment record speaks for itself.
It's not a question of if, only when.
One of two things could happen, oil price rally or concerns about LNG export regulation could abate.
There's just no possible world where two LNG trains exporting at oil linked prices are worth 0.
You have to understand I have these arguments with every stock I buy, this one has taken longer than most as I made a mistake by getting in early.
Ann: Santos announces expected non-cash impairment, page-13
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Last
$6.86 |
Change
0.035(0.51%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.95 | $7.01 | $6.85 | $32.87M | 4.737M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 50447 | $6.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.86 | 32265 | 38 |
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| Last trade - 13.59pm 19/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |
