re: 3.25 why Pipeline news not what we wanted.
320 seems a reasonable area of support.
At 320 it has a PE of 13 and dividend yield of 2%
If that energy (1 billion BOE equivalent) doesn’t come south to Aust
You would have to guess it would go north into Asia – eventually.
I would have thought Aust would ensure it was bought south –
In spite of logistics or costs --- what happened to Peak Oil?