Crazypunter, yes, I had the same initial thought as your main statement about the safety of an lng stock but then Grant King (ORG CEO) and David Knox (STO CEO) cam out and said that the lower cost & overall long-term gain is potentially a positive for companies with reserves, projects and speed to market. Problem with ORG & STO is that they also carry more debt. SXY on the other hand has little debt, FCF and significant reserves. Happy days, Brent & WTI r both up 99 and 22 bps respectively as I write this, some stocks on ASX, LSE & DOW r being unnecessarily crucified, I wish I had more courage to buy more of it. ORG looked like it was going sub $12 again which is a good price when we can get it. SXY at 34c is a bargain.
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Last
$1.23 |
Change
-0.005(0.40%) |
Mkt cap ! $2.623B | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.25 | $1.22 | $4.348M | 3.529M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 124006 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 2605 | 1 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| BPT (ASX) Chart |
