It is hard to imagine why SANTOS is trading where it is? The GLNG project in Queensland will provide signifiant income once on line in 2014 and the partners are all most all signed up with Petronas at 40% and SANTOS looking to sell down another 9%.
This is a sleeping ginat in the sector with huge CSG reserves to fuel the hungry LNG plant on Curtis Island.
The market is a funny thing and even harder to work out why this or that SP is up/down from one day to the next.
glng
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Last
$7.62 |
Change
0.160(2.14%) |
Mkt cap ! $24.74B | |||
| Open | High | Low | Value | Volume |
| $7.50 | $7.62 | $7.48 | $139.7M | 18.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 264300 | $7.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.63 | 118462 | 13 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| STO (ASX) Chart |