Given it's a sizable and very much material capex spend for a company of its size, it didn't really have much choice in terms of disclosing the deal once they signed on the dotted line.
As per announcement, they are signing now (instead of waiting for AEMO decision) and wearing the risk of potentially paying the penalty/regret fee in order to get in the production queue so that STX can meet its FY26 peaker plant commissioning target. I'd like to know what the regret fee is though.
618
STX Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)