COE states that the transaction is "transformational".
Do you agree?
And why?
At a superficial level, I thought that buying a gas processing plant for a gas producer wouldn't be transformational.
COE are likely to be under pressure in the short-term due to sub-underwriters get a bucket load of stock that they don't want.
XOM and WDS selling Bass Strait Assets, page-10
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Last
21.0¢ |
Change
-0.005(2.33%) |
Mkt cap ! $554.4M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 20.5¢ | $602.6K | 2.870M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 1117341 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 429336 | 11 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| COE (ASX) Chart |