7/5 is just a ratio. There have been 3 factors impact the proper carrying value of WE since the price set during the WGO TO. 1. The price for gas has increased. 2. The enviro has now been received. 3. The lapsing of the aged GSA has reduced the CBSP discount. You can argue the toss over how much benefit to STX the lapsing of the GSA is worth, it is worth something, but the derisking due to EPA approval and price improvement are not up for debate. Most published SOPs reflect this, except Macquarie. Just watch how much the MAQ SOP jumps when FID is announced. They can hide their excessive discount now but they won't be able to then, they will be forced to match their peers.
7/5 is just a ratio. There have been 3 factors impact the proper...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add STX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
21.3¢ |
Change
-0.003(1.16%) |
Mkt cap ! $607.9M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 21.0¢ | $256.5K | 1.205M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 82 | 4581635 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 1968532 | 55 |
View Market Depth
| Last trade - 12.08pm 16/07/2024 (20 minute delay) ? |
| STX (ASX) Chart |