I recall several years ago when STO did its best to scuttle the PNG pipeline that they said they would only be interested in a takeover of OSH if the pipeline went ahead and its gas resources thus became reserves. STO is running out of reserves. STO is talking about rejoining the project.... hmmm.. STO could sign up as a partner and to take 100ptj per year (as has been hinted at by STO and OSH) .. thus ensuring the pipeline proceeds profitably .. then takeover OSH. Better still they could launch a bid BEFORE signing up!!
I'm not expecting this scenario .. its just a wild possibility.
H
pure speculation..sto's next move
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Last
$4.24 |
Change
-0.090(2.08%) |
Mkt cap ! $8.810B | |||
| Open | High | Low | Value | Volume |
| $4.30 | $4.30 | $4.21 | $41.87M | 9.859M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 177006 | $4.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.24 | 182683 | 8 |
View Market Depth
| Last trade - 16.10pm 26/02/2021 (20 minute delay) ? |
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Last
$4.24 |
Change
-0.090 ( 2.39 %) |
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| Open | High | Low | Volume | ||
| $4.28 | $4.30 | $4.21 | 2842852 | ||
| Last updated 15.59pm 26/02/2021 (live) ? | |||||
| OSH (ASX) Chart |