Hey, wasn't this another thing the naysayers said would never happen?
And wasn't WE gas being contracted at a low price a major reason why no one would be willing to pay a market price for the WE asset?
The good news keep rolling of late.
No mention of repaying the $5 million upfront payment either..
All this make me wonder whether all this clears the deck for some corporate transaction (not necessarily a takeover) or is it simply another precondition being met for WE FID (i.e., making it more worthwhile from STX's perspective)?
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Last
15.0¢ |
Change
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Mkt cap ! $430.0M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 14.5¢ | $197.6K | 1.318M |
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| No. | Vol. | Price($) |
|---|---|---|
| 25 | 3286095 | 14.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
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| STX (ASX) Chart |