Croas,
I have a slightly diff perspective ......
STO has been a doggie for >15yrs ......in terms of its economic rtns .........
any decent oil co makes >25% roe in "normal times" ........
excld the write-offs, STO is a 8-11% in normal times, and 15% in good times .....
it is most interesting that Habour - is using basically 100% debt to make the offer, and essentially allowing large hodlers that want to remain in - that opportunity .....(basically - STO is a long-dated call over the oil price) ..
wil be interesting to see how it plays out...
rgds
V_H
$50-60 New Normal or U.S Shale Bubble?, page-793
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Last
$6.82 |
Change
0.100(1.49%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.72 | $6.84 | $6.71 | $42.88M | 6.307M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13309 | $6.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.83 | 58478 | 6 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |
