If they flog anything off it will be WE, I think - either to Gina or some third party.
It will get Gina and her trolls off the company's back and provide all the finance (i.e. >$500 million) needed to develop the peaking power plant, all the 3D and redrilling for SE, drilling of OH and pay a nice little capital return to shareholders.
Also, look at the margins they project on the power plant. That's a cash cow. And it can be replicated pretty easily if successful. I like the shift to vertical integration.
But who knows what the company has planned. Happy to leave it to the experts.
Just thinking through if they were going to dispose of assets, it would probably be WE.
If they flog anything off it will be WE, I think - either to...
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $587.4M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 19.8¢ | $921.8K | 4.574M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 431071 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 1685893 | 27 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| STX (ASX) Chart |