Mr Voelte said bluntly that he knows nothing - he obviously doesnt want any Lean gas for his Rich portfolio
media now blathering that XOM or Shell might be interested in STO
considering the foreign interests now in east coast gas the FIRB might be a bit anxious about more of it
Logical that a successful bid for STO from the FIRB point of view would be from a aussie company. Even from the Shell perspective it is a backdoor way to control more resources with its 34% holding in WPL without running foul of the FIRB
If not WPL ? will STO ever be taken over ?
ESG Price at posting:
91.5¢ Sentiment: Hold Disclosure: Held