The news from OSH about PNG-LNG today also helped.
STO has a very significant pipeline of LNG for a company of its size. With the register opening up, STO may once again look like a nice little plugin for a major under-represented in the LNG space.
Either way, bias is to the upside imo.
$20 target in 12 - 18months seems very reasonable, that is a 50% return, from here on a blue-chip.
Already 1.5% there!
Increase oil price assumption by 5%, and STO will be $18 this year.
glng, page-5
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Last
$7.22 |
Change
0.060(0.84%) |
Mkt cap ! $23.44B | |||
| Open | High | Low | Value | Volume |
| $7.25 | $7.31 | $7.20 | $122.7M | 16.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 560819 | $7.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.23 | 5013 | 3 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| STO (ASX) Chart |