QGC queensland gas company limited

stos new bid, page-10

  1. 6,015 Posts.
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    Pixie this isn't all bad news for long term holders.

    You'll get $1.30 for a 59 cent investment and a 1 for 1 share for the rest of QGC's assets which STO state is worth 50 cents.

    Even if STO start developing the other tenements straight away you will see a stagnant price for a while because it will be putting QGC in the same situation it was 2 years ago.(A whole heap of great ground that needs developing).

    But I reckon don't accept and let the bidding war start.

    Goodluck :)

 
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