The cheapest to supply gas will always win. STX have stated many times they expect to be able to supply at close to the cheapest supply globally.
WE is of the highest quality conventional supply. Forget east coast CSG.
The recent price rout just makes STX even more desirable as a take over play for one of the larger co’s.
IMO
STX + WGO = ENORMOUS, page-127
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Last
20.0¢ |
Change
0.005(2.56%) |
Mkt cap ! $572.1M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.0¢ | 19.0¢ | $1.339M | 6.792M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 674181 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 741329 | 6 |
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| STX (ASX) Chart |