Its a big deal and I think the common synergies in the production areas will be where the value lies when they combine their footprint. Reduction in staff numbers … removal of duplication will also provide added value but overall I think its a huge $$$ deal, fully valued.
More debt for sure but can be easily managed with increased cashflow. A rising oil price will help the metrics for sure.
Its a big deal and I think the common synergies in the...
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Last
$6.84 |
Change
-0.080(1.16%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.92 | $6.94 | $6.75 | $97.69M | 14.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 96681 | $6.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.84 | 5679 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |