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
I really don't see the point in selling down with more then...
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Last
$27.26 |
Change
-0.280(1.02%) |
Mkt cap ! $51.75B | |||
| Open | High | Low | Value | Volume |
| $27.51 | $27.59 | $27.23 | $86.52M | 3.161M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 18025 | $27.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.29 | 2418 | 2 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$27.28 |
Change
-0.280 ( 1.09 %) |
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| Open | High | Low | Volume | ||
| $27.52 | $27.59 | $27.23 | 469568 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| WDS (ASX) Chart |