hi base
"So, do you think there is a chance we may have been approached and what do you as a sophisticated investor believe was the trigger for all this activity at the moment, that is very much concentrated in our area? This includes MIN trying to take out NWE."
I don't think STX has been formally approached but I'm pretty sure all the big players have been sniffing around, i think the merge with WGO has been on & off for a long time & imo it should have happened ages ago.
I think BPT, Gina & MIN have been sitting & watching, when STX/WGO merger proposal was announced that was the trigger imo.
I agree WGO is the side show & is the cheap entry into STX for Gina & MIN's bigger plans (both need a heap of gas for 20+ years for their projects) but i believe STO (need a heap of gas as evident by purchasing gas from STX) , Mitsui (rumour is the last 2 watsia wells are duds so may need more gas) WDS, BP, Chevron & others (backfill for NWS) are also looking, so STX is in a very good spot & it's early days in this process.
Oh! i nearly forgot there's also Haber which would see us way north of $1 if we can get through not being taken out
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21.0¢ |
Change
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Mkt cap ! $601.7M |
Open | High | Low | Value | Volume |
21.0¢ | 21.5¢ | 20.5¢ | $1.313M | 6.260M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 592504 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 748432 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 592504 | 0.210 |
25 | 1695906 | 0.205 |
30 | 984442 | 0.200 |
17 | 1015145 | 0.195 |
30 | 1249548 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 748432 | 9 |
0.220 | 915637 | 11 |
0.225 | 948630 | 8 |
0.230 | 684332 | 9 |
0.235 | 1730960 | 19 |
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