I normally roll my eyes a bit at takeover speculation but Busuttil makes a good point. The ESG discount on O&G stocks is reaching ridiculous levels. Look at the Brent and JKM price and then compare to, say, WPL or OSH.
Santos is probably the best-performing Australian oiler post-COVID but even STO is a very long way off the sort of SP it would have been pre-COVID with this sort of Brent price. I doubt they are terribly interested in Buffalo but that extra 20% of Dorado, plus nearby targets, must look pretty attractive.
I normally roll my eyes a bit at takeover speculation but...
-
- There are more pages in this discussion • 68 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $268.3M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 14.5¢ | $226.3K | 1.511M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 396878 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 2549808 | 11 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| CVN (ASX) Chart |