Danny,
Unfortunately I bought into STO in the May heat, and have therefore taken a huge haircut.
Seems to me that it's position wrt the domestic gas price which will no doubt rise in both the East and the West is underappreciated.
Great position for domgas in the west both from the VI plant and from the new Devils Creek plant, huge domgas and LNG position in the East with underappreciated infrastructure, plus underappreciated PNG assets.
I suspect STO also locked in a price with NXS for the Longtom gas that NXS might prefer not to publicise.
Always been a bit of a Cinderella, hopefully will change.
EL
Danny,Unfortunately I bought into STO in the May heat, and have...
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Last
$6.77 |
Change
0.035(0.52%) |
Mkt cap ! $21.92B | |||
| Open | High | Low | Value | Volume |
| $6.74 | $6.80 | $6.71 | $19.66M | 2.909M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 8128 | $6.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.77 | 50911 | 30 |
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| Last trade - 15.19pm 12/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |