The key point was that Peak were nominated by Santos. One would expect this to be a reasonably solid company, notwithstanding your quite valid observation... I had the same view when it was originally annunced..
I think STO need to do some explaining. I can't accept that this is part of a more elaborate plan to get CTP on the cheap but, if it is, its working very well.
GLTAH
Ann: Peak Helium Farmout Status, page-15
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Last
5.3¢ |
Change
-0.002(3.64%) |
Mkt cap ! $39.49M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.3¢ | $83.26K | 1.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 234750 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 340510 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| CTP (ASX) Chart |