market understands that for STO to develop suffiecent gas to feed both dom and GLNG - will require additional spend in CB, plus the development of CSM in Narrabri ........
IER for old easternstar - circa 3bn ......
plus whatever you think the development spend is for tight gas in the CB ..
having said that - if oil continues (and hence lng prices with circa 3mnth delay) - then STO will be ok .......not great - but ok..
will need farmers / nsw govt to "approve" social liscence to operate ..
or - there are abt 3 smaller co's - that STO could "knock" on the head .....
rgds
V_H
market understands that for STO to develop suffiecent gas to...
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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 |