How about they do us all a favour and instead of eyeing STO, just take them out..lob a nice juciy offer on the table around the $25 mark and get the bidding war started.
As far as Iam concenerd it is all speculation at the moment and i believe any of the major energy / oil / gas players in the world would have to be running the numbers on STO for its CSG / LNG potential and access to the lucrative Asian markets.
According to the AFR today they are speculating that a deal is coming through very soon....Guess we will have to wait and see and in the mean time watch this oil price keep rising and STO follow suit. So one of the big boys would want to stump up with a bid in the near future before STO gets back to the $18 mark and the AUD close to 80c they'll have to pay about 1/3 more than they would probably like to...
Bring it on BG, Royal Dutch Shell, AGL, Petronas, Exxon Mobil or whoever else wants a crack!
bp,eni,shell eye santos, page-6
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Last
$6.79 |
Change
-0.010(0.15%) |
Mkt cap ! $22.08B | |||
| Open | High | Low | Value | Volume |
| $6.82 | $6.84 | $6.79 | $3.059M | 449.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 21494 | $6.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.80 | 34572 | 9 |
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| Last trade - 10.26am 08/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |