So,
I found out why Gazprom won. They offered a side deal of 1 billion Euros to the Cypriot government so they could avoid ratifying austerity measures in some bailout package. In effect the Gas licence was a sweetener for a Russian loan.
Israel is quite peeved that not one of it's companies got a look in. However, they got a 30% extension of existing fields. The Israelis were the frontrunners before the Russian offer. I think knowing this improves WPLs chances for the field in Israel together with Israel. I suspect that any Russian bid in Israel will suffer as a result of what has played out in Cyprus. Bit like a Bond film.
So, I found out why Gazprom won. They offered a side deal of 1...
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Last
$24.06 |
Change
0.060(0.25%) |
Mkt cap ! $45.68B | |||
| Open | High | Low | Value | Volume |
| $24.07 | $24.12 | $23.95 | $56.69M | 2.340M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1300 | $24.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.08 | 2953 | 3 |
View Market Depth
| Last trade - 16.11pm 04/07/2025 (20 minute delay) ? |
| WDS (ASX) Chart |