Exactly market sentiment can be irrational but eventually fundamentals take over. China and Qatar are talking over supplies, sooner or later China will approach Australia for gas as well. As China transitions to a cleaner energy nation more and more emphasis will go into buying cleaner gas. The long term fundamentals are strong and this 3-4% drop last week was wholly irrational.
https://www.reuters.com/article/us-...lks-on-lng-supply-deals-sources-idUSKBN1KT112
Exactly market sentiment can be irrational but eventually...
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Last
$6.72 |
Change
0.030(0.45%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.74 | $6.77 | $6.72 | $43.42M | 6.449M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 104139 | $6.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.73 | 10465 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |
