I really don't see the point in selling down with more then 1/5 of LNG production being sold into spot markets and Europe heading into winter.
We are now 2 months into the second half and we know they have been selling oil a decent prices, the LNG sold at oil linked contracts lags and will also have been receiving high prices and the spot sales 20 - 25% of production has been going into a bonkers market.
The next result will really show how strong this consolidated entity is and I expect that's when we will see a monster dividend.
It's just the macro that poses the large risk.
Pretz
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Last
$25.21 |
Change
0.360(1.45%) |
Mkt cap ! $47.86B | |||
| Open | High | Low | Value | Volume |
| $25.13 | $25.44 | $24.87 | $114.8M | 4.555M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $25.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.22 | 838 | 1 |
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| Last trade - 16.11pm 23/07/2025 (20 minute delay) ? |
| WDS (ASX) Chart |