Hey, wasn't this another thing the naysayers said would never happen?
And wasn't WE gas being contracted at a low price a major reason why no one would be willing to pay a market price for the WE asset?
The good news keep rolling of late.
No mention of repaying the $5 million upfront payment either..
All this make me wonder whether all this clears the deck for some corporate transaction (not necessarily a takeover) or is it simply another precondition being met for WE FID (i.e., making it more worthwhile from STX's perspective)?
Ann: West Erregulla CSBP GSA Update, page-2
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Last
20.0¢ |
Change
-0.010(4.76%) |
Mkt cap ! $572.1M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.0¢ | 20.0¢ | $1.785M | 8.776M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 76 | 3486632 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 1783463 | 9 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| STX (ASX) Chart |