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.
Production increased - good Realised oil price $78.6 - good...
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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 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |