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 “
Awaiting Fed Court decision and maybe a few other headwinds...
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Last
$7.81 |
Change
0.140(1.83%) |
Mkt cap ! $25.36B | |||
| Open | High | Low | Value | Volume |
| $7.80 | $7.82 | $7.76 | $53.77M | 6.831M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 43486 | $7.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.81 | 39967 | 2 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| STO (ASX) Chart |