Why wouldn’t they want to operate GLNG at full capacity . The costs have been spent ( massive capex ) the economies of scale plus LNG pricing make it a no brainer.
true that STO have may things in their plate , however like most big acquirers, they wait until 2p reserves are developed / provide up and then they strike
have a look at WGO. So many opportunities to acquire earlier and cheaper , but they didn’t , waited until 2p were certified and then they strike !
WGO is a great example also if the price paid for 2 p reserves . And this is for reserves were spot price is 5.70 in WA not 18-20 months
Why wouldn’t they want to operate GLNG at full capacity . The...
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Last
14.5¢ |
Change
0.005(3.57%) |
Mkt cap ! $173.4M | |||
| Open | High | Low | Value | Volume |
| 13.8¢ | 14.5¢ | 13.5¢ | $163.9K | 1.167M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 285251 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 304690 | 4 |
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| Last trade - 14.25pm 27/06/2025 (20 minute delay) ? |
| COI (ASX) Chart |