if the WA govt creates a glut of dom gas in order to keep prices cheap no one will be incentivised dig it up in the first place. The result will be less gas available and higher prices. Eventually an equilibrium of price and supply will be reached....and this is where being at the bottom of the cost curve (like STX is) becomes so critical to viability!! STX has plenty of cheap gas, as such we will always be attractive to the market.
HC
Chances of winning, page-97
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Last
23.5¢ |
Change
0.010(4.44%) |
Mkt cap ! $673.3M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 24.5¢ | 22.0¢ | $3.328M | 14.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 300014 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 2349452 | 12 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| STX (ASX) Chart |