French company Total are interested in the complete stake of PNG LNG I think that its on the books for 6.6 billion so a sale @ 6 billion would be favorably received leaving the company with 3 plus billion in debt. Then keep the rest of the assets would probably see this north of $7.00 pretty quick, the cash coming out of the GLNG looking after the remaining debt and keep dividend in place. A carve up for long term holders but giving certainty for the future.
Swiss move in for more Aus asset stripping, page-41
-
- There are more pages in this discussion • 6 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
$7.30 |
Change
0.150(2.10%) |
Mkt cap ! $23.70B | |||
| Open | High | Low | Value | Volume |
| $7.23 | $7.33 | $7.19 | $92.93M | 12.78M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8869 | $7.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.30 | 47838 | 2 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| STO (ASX) Chart |