Lord....really?
ORG has a massive utility business which partially why debt is so high. A different beast to STO's debt laden O&G business.
ORG's lng plant is nowhere near the lemon that STO built and doesn't need to buy half its gas on market.
STO cannot meet its contract (per above)
Share price is irrelevant, look at market cap. STO has done 2 raisings, highly dilutive, destroyed long term holders. I'm assuming raising number 3 will occur if oil doesn't recover.
STO is a dog, we lost a packet and sold out. ORG is less of a dog, we sold 60% of those holdings circa $7.20.
Under $3,40 now what, page-14
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Last
$7.26 |
Change
-0.040(0.55%) |
Mkt cap ! $23.57B | |||
| Open | High | Low | Value | Volume |
| $7.29 | $7.33 | $7.22 | $33.06M | 4.550M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4026 | $7.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.26 | 27604 | 3 |
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| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |