Good chance Jeruk holds 700 million barrels.
If value estimates of $1.20- $1.50/STO share, then STO 's 50% = $720-900 million.
I believe STO would need to offer $150Million plus to remove CUE from jeruk , Oyong and the Sampang PSC.
Talk about buying under value assetts.
Lash
cue in box seat.
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Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $73.32M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $11.55K | 111.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 54533 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 169868 | 4 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| CUE (ASX) Chart |