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
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $465.8M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 16.0¢ | $296.6K | 1.846M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 1372896 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 1047737 | 29 |
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| STX (ASX) Chart |