Investment community will remain constrained in countries that at a whim change rules. Given choice why would you invest in a country that changes the rules retrospectivly and companies and shareholders barely wimper? Yes fossil fuels will play a huge role for decades but it is a choice of which of those companies create those dividends and trade in free markets . Australian governments actions basically have taken any massive premium for takeover off the table and Australia will lose control of the resources that are essential for its transittion to a greener ecconomy. It has become a trading opportunity more than an investment unfortunately.
STO Well positioned, page-299
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Last
$7.66 |
Change
-0.010(0.13%) |
Mkt cap ! $24.87B | |||
| Open | High | Low | Value | Volume |
| $7.72 | $7.73 | $7.66 | $51.80M | 6.770M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 125654 | $7.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.67 | 1506 | 2 |
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| STO (ASX) Chart |