QGC queensland gas company limited

take over from santos??, page-13

  1. Bloodwynch
    2,131 Posts.
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    05/07/05
    22:47
    Post #: 973257
    $7 share price would make this company worth 2.2 billion.

    Santos's desperation in acquisition leads me to believe gas prices will rise for the aussie market. Hence it was appropriate to rerate ch4 gas and qgc.

    But the share price looks fully priced to me given developments risks. Definitely not worth 2.2 billion.
    QGC Price at posting: 0.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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