If MinRes or Gina or Mitsui wanted to make a play for Stx and Tpd in my view the best way is to let Stx take it over without competition.And then move on Stx.
Those t/o merchants all learnt a lesson with Wgo.
They should have let Stx succeed and then move on Stx.
All they achieved by competing for wgo was to leave Stx financially strong with $100m and a significantly higher SP.If they'd let Stx succeed then Stx would now be financially vulnerable.
Stuart played it brilliantly-maybe by accident/chance or planning.Whatever we /stx benefited.
I still think that after flow testing-assuming success -then the t/o will come.
MinRes can't move until flow testing-not after the debacle of the last Nwe well.
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Mkt cap ! $557.8M |
Open | High | Low | Value | Volume |
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---|---|---|
42 | 1851448 | 19.0¢ |
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Price($) | Vol. | No. |
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19.5¢ | 2322100 | 4 |
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No. | Vol. | Price($) |
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42 | 1851448 | 0.190 |
30 | 2010511 | 0.185 |
29 | 1029281 | 0.180 |
7 | 236398 | 0.175 |
10 | 595237 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.195 | 2322100 | 4 |
0.200 | 865022 | 8 |
0.205 | 859725 | 5 |
0.210 | 1287556 | 11 |
0.215 | 891382 | 12 |
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