Can someone explain why Santos would buy 20% of ESG when for less money they could have bought 100% of MEL? It suggests that they saw better value in ESG, despite the claim that MEL has similar gas reserves.
sto/esg/gastar/hgo tranasction implications, page-29
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Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $5.790M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $10.11K | 2.527M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 11541399 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 4483831 | 5 |
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| MEL (ASX) Chart |