I really don't see the point in selling down with more then 1/5 of LNG production being sold into spot markets and Europe heading into winter.
We are now 2 months into the second half and we know they have been selling oil a decent prices, the LNG sold at oil linked contracts lags and will also have been receiving high prices and the spot sales 20 - 25% of production has been going into a bonkers market.
The next result will really show how strong this consolidated entity is and I expect that's when we will see a monster dividend.
It's just the macro that poses the large risk.
Pretz
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Last
$24.50 |
Change
-0.255(1.03%) |
Mkt cap ! $46.51B | |||
| Open | High | Low | Value | Volume |
| $24.58 | $24.81 | $24.41 | $25.32M | 1.030M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1037 | $24.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.50 | 1610 | 13 |
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| Last trade - 11.28am 22/07/2025 (20 minute delay) ? |
| WDS (ASX) Chart |