To think these " bidders" could have had OSH and didn't as it...

To think these " bidders" could have had OSH and didn't as it would have had issues with partners and FIRB now to think that STO with combined assets and different world energy picture and STO / WDS having control of gas exports and internal supply

Does make you wonder how many company / funds are sitting just under 5% or keep rolling options positions etc knowing there will be some value extraction at some point resulting in special divs or fast tracking projects to increase scale efficiency with lower debt collecting cheap stranded tie ins. from minor companies..

There is about 10 key components if any party wants to takeover STO and many would have to be divested with partners having 1st right of refusal etc.

Possibly easier to just control the register and take a large stake and force efficiency and direction of business with board seat than take it over as so many hurdles .

Aussie investors getting done over by greenwashing and large ex union based super who have lumbered themselves with commercial property now devalued and low returns going forward and divested so many other asset classes

Price holding up surprising well fro a Friday

Huge benefit for Arabs to have supply and terminals close to Asia and not in the zone they currently have their gas supply - great diversification and expansion that they should be made to pay a large premium for those shorter shipping distance and security of being out of middle east