Production increased - good
Realised oil price $78.6 - good
Zero-cost hedge liability $145m - bad, conceal majority of the FCF. Perhaps they should add this cost to the 'realised oil price' to avoid misleading.
I said many times, 'zero-cost' is not free lunch from the hedge fund managers. It's actually very expensive.
Need to remind the board that they rejected the $7 TO in May. They should prove STO worth more than $7. Just thinking their things are bigger than others is not good enough.
Ann: Second Quarter Activities Report, page-9
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Last
$6.64 |
Change
0.070(1.07%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.60 | $6.65 | $6.60 | $29.02M | 4.382M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 67 | 64416 | $6.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.64 | 148632 | 65 |
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| Last trade - 15.40pm 27/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |
