This quote is from an analyst commenting on the recent Woodside acquisition on Tellurian in the USA.
“This is the right kind of M&A Woodside should be pursuing,” he said. “It is leveraging Woodside’s LNG expertise to access financially distressed yet otherwise advantaged LNG assets at good price, which Woodside can add real value to.”
I think it says it all about the O&G industry and why STO wasn't bought cheap by WDS. Luckily CVN is not financially stressed.
Disappointing, page-24
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15.5¢ |
Change
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Mkt cap ! $277.3M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 15.3¢ | $134.5K | 865.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 504323 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 56285 | 3 |
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| CVN (ASX) Chart |