Might be time for a little caution.
QGC market cap has become huge, as OGW noted 44% that of STO. Imho that is sobering, as STO has huge interests outside csm, and is proposing a similiar sized csm LNG facility as that which QGC will share an interest in (probably less than 50% overall) with BG.
If QGC mc seems reasonable to you, then it might even be time to consider STO as a csm stock, with oil and conventional gas as a bonus?
EL
Discl: Hold AOE, but not QGC or STO
QGC
queensland gas company limited
