Tui,
it could be any large gas player with the balance sheet to unlock value in the Perth Basin. Simple steps (I use that term lightly) would be to purchase a 16.6% stake in NWS infrastructure, immediately following that, obtain a large parcel of a proven gas resource with upside / running room potential right beside a pipeline that links to NWS infrastructure. Then start the negation discussions to get gas tolled through NWS leveraging your seat at the decision making table. Yes, possible WPL but could be any number of big players with a contrarian view / strategy. I too hope STX go it alone but certainly won’t mind a TO offer with a 70% premium attached to it to get the SP back to where it should be. The trade action over the last few days has been intriguing.
cheers
Tui,it could be any large gas player with the balance sheet to...
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Last
22.0¢ |
Change
-0.010(4.35%) |
Mkt cap ! $629.6M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.3¢ | 22.0¢ | $1.238M | 5.531M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 327178 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 318446 | 8 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
22.0¢ |
Change
-0.010 ( 3.80 %) |
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| Open | High | Low | Volume | ||
| 22.5¢ | 23.3¢ | 22.0¢ | 3834406 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| STX (ASX) Chart |