- Santos' (STO) planned merger with Oil Search (OSH) may have provided an opportunity for small players within the energy industry
- STO's acquisition bid signals the energy market has begun its recovery from months of instability related to COVID-19 and OPEC infighting
- One of the juniors feeling confident is Metgasco (MEL), which has interests in oil and gas projects across Australia, including near Santos
- MEL says the merger, as well as the Government's push for more energy companies on the East Coast, means FY22 is shaping up to be positive
Read the Full Article on The Market Herald here
Santos' (STO) planned merger with Oil Search (OSH) may have...
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Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $5.790M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $10.11K | 2.527M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 11541399 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 4483831 | 5 |
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| Last trade - 12.40pm 12/07/2024 (20 minute delay) ? |
| MEL (ASX) Chart |