LNG liquefied natural gas limited
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But highly unlikely and clearly illegal. Related entities are...

  1. mbatista
    903 Posts.
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    21/12/19
    11:41
    Post #: 42083433
    But highly unlikely and clearly illegal. Related entities are not allowed to trade with each other on-market.

    A more likely explanation is they're just bored with waiting and have a better use for their $10M. To me it looks like the LNG market will be in the doldrums for the next couple of years. Plus they can realise the @ $90M tax loss.
    Last edited by mbatista: 21/12/19
    LNG Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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