Awaiting Fed Court decision and maybe a few other headwinds about..One brokers take.
”We believe short-term share price weakness around the investor day presents an opportunity for longer-term investors focused on the 5-year FCF profile. STO is well positioned to deliver a series of catalysts that were simply not in time for the investor day update: (i) Barossa federal court appeal (to be heard next week), (ii) clarity on Kumul’s funding for the 5% stake in PNG LNG and (iii) expanded buyback program (Feb). Key risks (-) Oil price, Barossa Court appeal, Federal Govt gas market intervention “
STO - Brave new world, page-523
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Last
$6.84 |
Change
-0.080(1.16%) |
Mkt cap ! $22.21B | |||
| Open | High | Low | Value | Volume |
| $6.92 | $6.94 | $6.75 | $97.69M | 14.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5564 | $6.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.84 | 5679 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |