Well, we'll know who that buyer of the big slice was soon enough.
We also know that Santos and co. need (bloody lots) more gas for GLNG and STO have been out of action for quite some months through the Harbour Energy activity, thus delaying any developments ("if any") in their direction during that time.
We might also be bogged down this week in some EOFY selling.
Could all mean nothing, or, might all add up to quite a lot...
Bring on July when Santos can flex some muscle with a healthier balance sheet. In the meantime, a few more days of dreary kettle gazing ( …. or fishing! …)
Kip
BUL Price at posting:
9.7¢ Sentiment: Buy Disclosure: Held