The idea of selling WE (for a premium to the WGO price) is also an option that crossed my mind as well.
The main wrinkle is whether you want to give Gina and MIN the gas they need to progress their own gas plant(s).
Each new gas plant makes it harder for the next guy, not only in terms of regulatory approvals, but also absorbing future demand (i.e. the price elasticity of gas is fundamentally uncertain).
Ann: 2Q FY24 Quarterly Report & Appendix 5B, page-52
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Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $544.4M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.3¢ | 18.8¢ | $784.2K | 4.134M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 77 | 2143035 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 1590800 | 65 |
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| Last trade - 15.09pm 29/08/2024 (20 minute delay) ? |
| STX (ASX) Chart |