STX 0.00% 18.0¢ strike energy limited

Perhaps, but I'm sceptical.  BPT is in the same situation with...

  1. 1,847 Posts.
    lightbulb Created with Sketch. 495
    Perhaps, but I'm sceptical.  BPT is in the same situation with far far bigger STO and STO never took em over.


    I for one prefer STX doesn't get taken over for a few years, and if they were preyed on by someone, I would prefer STO took em over instead of BPT.  They have far better infrastructure and access, influence, ability to set/influence/assert market prices etc.  They basically own Moomba, they have access to Asia through their own GLNG; and soon the largest O&G conventional fields  discovered in the last 30 yrs with their Dorado fields in WA.  If the CB proves up most of that 12Tcf, then it would put them on a great position for both east and west domestically and ability to leverage exports through their own GLNG train for hedging.

 
watchlist Created with Sketch. Add STX (ASX) to my watchlist
(20min delay)
Last
18.0¢
Change
0.000(0.00%)
Mkt cap ! $515.7M
Open High Low Value Volume
18.5¢ 18.5¢ 18.0¢ $641.3K 3.524M

Buyers (Bids)

No. Vol. Price($)
24 628101 18.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 995580 6
View Market Depth
Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
STX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.