I have some STO holdings which I bought before oil prices started crashing down. My basis back then was that STO was more of an LNG company than an oil company. Yes, I know that LNG price is linked to oil price ... if only LNG price is de-linked from oil price, then maybe STO SP would not not have declined so much back then ( but who knows, STO had huge debt back then ).
In any case, my question is:
If the bid by Harbour is successful, does this mean STO will be taken off the ASX and will become a private unlisted company ???
If so, what happens to STO holders who do not sell their shares prior to STO becoming a private unlisted entity ? How do we "sell" them after ?
I have some STO holdings which I bought before oil prices...
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Last
$7.02 |
Change
0.180(2.63%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.94 | $7.03 | $6.91 | $81.59M | 11.66M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 125302 | $7.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.02 | 766 | 1 |
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| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |