The LNG Price is tied to the JCC (Japanese Crude Cocktail) Price, which is similar to Brent. David Knox publicly stated in the last broker call that there is no floor price, but said there is also "no cap on the upside." Not only is the oil price hurting but so is the lack of news on GLNG after brokers got ahead of themselves and assumed it was all set to go by 31 July during the last site tour.
stand by for CR, EPS downgrade, writedowns, page-77
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Last
$7.78 |
Change
0.105(1.37%) |
Mkt cap ! $25.28B | |||
| Open | High | Low | Value | Volume |
| $7.80 | $7.82 | $7.76 | $25.71M | 3.236M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 20508 | $7.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.78 | 25970 | 19 |
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| STO (ASX) Chart |