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
$6.90 |
Change
-0.060(0.86%) |
Mkt cap ! $22.40B | |||
| Open | High | Low | Value | Volume |
| $6.97 | $6.99 | $6.89 | $75.56M | 10.79M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 101550 | $6.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.92 | 24252 | 7 |
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| STO (ASX) Chart |