Well is still very unclear what will transpire. The CEO from WDS already mentioned that the impact of a price cap will not make gas companies to invest in infrastructure to keep gas flowing to domestic supply. They will now fast track Narrabri but with a cap price , is hard to see why STO will even bother. Better off to return cash to shareholders instead and invest it's resources on international project like Pikka
Gas cap and affect on STO?, page-2
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Last
$7.16 |
Change
-0.200(2.72%) |
Mkt cap ! $23.25B | |||
| Open | High | Low | Value | Volume |
| $7.28 | $7.29 | $7.14 | $58.20M | 8.093M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 7250 | $7.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.17 | 23814 | 5 |
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| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| STO (ASX) Chart |