The news from OSH about PNG-LNG today also helped.
STO has a very significant pipeline of LNG for a company of its size. With the register opening up, STO may once again look like a nice little plugin for a major under-represented in the LNG space.
Either way, bias is to the upside imo.
$20 target in 12 - 18months seems very reasonable, that is a 50% return, from here on a blue-chip.
Already 1.5% there!
Increase oil price assumption by 5%, and STO will be $18 this year.
glng, page-5
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Last
$7.05 |
Change
0.030(0.43%) |
Mkt cap ! $22.89B | |||
| Open | High | Low | Value | Volume |
| $7.03 | $7.08 | $7.03 | $63.53M | 9.012M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1124 | $7.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.06 | 16117 | 6 |
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| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |