STO has a large pipeline of quality assets with limited cash to develop all at the same time. Pikka and Barossa were the winners over Dorado. Dorado is a world class asset and will be developed. STO just needs to generate more cash to get things moving. Patience required and I'm hoping Rusty delivers on his minimum 30c price which is too cheap but in a world where O&G assets are struggling to get premium prices that's all I'm after. After 10 years in CVN my patience has been tested. Selling out now is dumb. Rusty has to deliver.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-19
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Last
16.0¢ |
Change
0.005(3.23%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.8¢ | $136.6K | 855.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 166365 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 184462 | 4 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| CVN (ASX) Chart |