ConocoPhillips made a conscious decision to get out of most of its Australian assets . Australia is not an attractive proposition for foreign companies any more . Australia has ridiculous red tape , green tape and indigenous tape to contend with, and then there are the loonies in govt and in the senate who want to increase taxes even further. Apart from that , there is no way that FIRB would allow STO to be sold to a foreign company. Woodside is STO’s only hope and they will not be paying a premium .
STO Well positioned, page-518
-
- There are more pages in this discussion • 115 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.96 |
Change
0.010(0.13%) |
Mkt cap ! $25.85B | |||
| Open | High | Low | Value | Volume |
| $8.00 | $8.00 | $7.92 | $56.82M | 7.131M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 46134 | $7.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.97 | 55286 | 2 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |