Correct - STO owns 43% of Mahalo and is the designated operator of the field ... which means no other entity can develop it without STO consent.
That means that STO's 43% is effective complete control. COI is dependent on STO being 'reasonable' and not serving up a shite sandwich.
The low ball takeover of WGO seems to indicate there's plenty of appetite for advanced greenfield gas projects - make me an offer STO !!
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Last
15.0¢ |
Change
0.010(7.14%) |
Mkt cap ! $179.4M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.0¢ | $361.6K | 2.535M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 337545 | 7 |
View Market Depth
| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| COI (ASX) Chart |