QGC queensland gas company limited

Stony is down on this deal.30% at 20 cents. It may be good value...

  1. cpg
    3,625 Posts.

    Stony is down on this deal.

    30% at 20 cents.

    It may be good value given what they are providing in return. Can anyone quantify what this intangible amount provided by STO may be worth to new QGC.

    Hard to judge from where I sit. For example . this 60 PJ they have a rights to sell STO. What price per Gig. Has this been decided. Will it be extremely profitable for new QGC or a sweetheart deal for STO.

    One of many questions.

    The most important thing I see is the $1.49 -$2.00 valuation range provided for Control of QGC.


    Take this point with the chance or increased offers and QGC is cheap at 1.52.

    I topped up at 1.50 and feel very pleased. This was based on the low side $1.49 valuation.

    Time will tell.


 
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