Because the Horizon contract and other 3rd party agreements are based on oil linked pricing. For each molecule of LNG produced a profit is being made on that direct transaction - just when the infrastructure (plant) is priced in it is marginal.
Because the Horizon contract and other 3rd party agreements are...
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Last
$7.50 |
Change
-0.010(0.13%) |
Mkt cap ! $24.35B | |||
| Open | High | Low | Value | Volume |
| $7.52 | $7.54 | $7.43 | $48.42M | 6.463M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7037 | $7.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.51 | 45481 | 3 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
$7.51 |
Change
-0.010 ( 0.09 %) |
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| Open | High | Low | Volume | ||
| $7.52 | $7.53 | $7.43 | 1386032 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| STO (ASX) Chart |