Fundamentals matter for now. Since AFR's friday morning breaking story abt STO, no wonder this should b on every Insto's radar.
As per STO's ASX release on friday,
GLNG remains in detailed ongoing discussions with a number of parties in relation to potential LNG
sales, equity in the project and collaboration between projects.
Citi have a value of $16.12/sh for now. So the mkt does expect a deal at some point in time, hence the rush on friday.
$14 close?, page-19
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Last
$7.74 |
Change
0.090(1.18%) |
Mkt cap ! $25.13B | |||
| Open | High | Low | Value | Volume |
| $7.74 | $7.80 | $7.71 | $70.72M | 9.111M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20574 | $7.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.76 | 30000 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |