JP Morgan 20/01/2010 1 Overweight $16.60 21.2%
In the broker's view there are 6 key catalysts that cold be delivered in the next five months with respect to the company's Gladstone LNG project, including reserves and capital cost updated, environmental approval, further LNG offtake agreements, a farmdown of equity and a funding plan, all of these needing to occur before FID expected around the middle of this year.
The stock remains the best value of the large cap il and gas stocks the broker covers and so it retains its Overweight rating.
JP Morgan 20/01/2010 1 Overweight $16.60 21.2%In the broker's...
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Last
$6.79 |
Change
-0.010(0.15%) |
Mkt cap ! $22.05B | |||
| Open | High | Low | Value | Volume |
| $6.82 | $6.84 | $6.75 | $39.49M | 5.822M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 98628 | $6.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.79 | 4571 | 1 |
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