I think the SE plant options have been shelved for now. It may be more cost effective to sell or toll our gas to one of the proposed larger plants nearby.
I am sure our Board will be exploring all options to return share holder valve. To turn these assets into cash must be an option now. What would these reserves be worth if they could be exported. Alot!! Probably more than our current market cap plus some and then we keep all our other assets and continue exploring.
A capital return or buy back is even a possibility?
It would eliminate a low ball T/O as well.
back in on Friday.
Analyst Notes and Price Targets, page-95
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Last
22.5¢ |
Change
-0.005(2.17%) |
Mkt cap ! $644.7M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.0¢ | 22.0¢ | $501.0K | 2.230M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 2046366 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 318000 | 5 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| STX (ASX) Chart |