This is the way i see things. BG could be tapped out capital/cash wise with the recent purchace of Queenland Gas and building of an LNG plant in Gladstone.
7 cents was a prime opportunity for a stake acquisition or total takeover. Credit markets also not what they used to be, money would be harder to raise/borrow, even for BG.
I am of the opinion that BG would prefer total control of any operation they're involved in. QGC are puppets now.
Dont forget, BG dont care about CTP holders.
My thoughts
enjoy
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This is the way i see things. BG could be tapped out...
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5.5¢ |
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Mkt cap ! $40.70M |
Open | High | Low | Value | Volume |
5.0¢ | 5.5¢ | 5.0¢ | $514.4K | 10.27M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 631107 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 98568 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 631107 | 0.053 |
1 | 1270000 | 0.052 |
1 | 720712 | 0.051 |
1 | 3000000 | 0.050 |
3 | 509657 | 0.049 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 98568 | 1 |
0.056 | 20000 | 1 |
0.057 | 132936 | 1 |
0.058 | 172431 | 1 |
0.060 | 90909 | 1 |
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