Yes and for us RLE holders with STO plant an pipeline right next door to our pojects
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
Blue Energy price has risen mainly on the size of the contingent resource they hold. Not being a producer there is no problem with them disappointing the market
at any time, so the acreage they hold is all you get but it is HUGE. The East Coast of Australia is short of uncontracted gas so the longer this plays out
the more valuable Blue's acreage will be. Not too sure what the admin expenses are but they are run on the smell of an oily rag so hopefully won't run out of cash
before they do a deal. Even if they did need to raise more cash they could easily do it at today's SP . Not a complicated stock if you look at the mathematics.
Interesting play today. Second largest SH (Stanwell) holding 87m shares 7.56% of register sells in one parcel. Market reaction on price is muted. Stanwell is a Queensland Govt. owned company. More to play out here. SSH notice will be all revealing. For those not au fait with energy situation on East Coast gas is critically short on the supply side, Blue Energy sitting on the largest uncontracted Reserves on the East Coast.
Yes very interested to see who purchased the shares
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
Looks as if a deal is imminent. Seven top 20 shareholders increased their holdings from May 23 from the 86m shares sold by Queensland owned company Stanwell Corp. inc. the likes of JP Morgan, HSBC, National Nominees amongst others.
Looks as if a deal is imminent. Seven top 20 shareholders increased their holdings from May 23 from the 86m shares sold by Queensland owned company Stanwell Corp. inc. the likes of JP Morgan, HSBC, National Nominees amongst others.
Yes, that might be true. Somebody always knows before me if something is going down. More interest today on better volume.
Yes, that might be true. Somebody always knows before me if something is going down. More interest today on better volume.
Latest news at Federal level, ACCC (competition watchdog) recommends that government should underwrite investment in baseload power (coal & gas). The energy sector is just heating up in Oz.
Latest news at Federal level, ACCC (competition watchdog) recommends that government should underwrite investment in baseload power (coal & gas). The energy sector is just heating up in Oz.
Make what you will of today's news. Kogas sells 5.44% total holding to hedge fund manager Regal Funds Management. Lots and lots of activity at corporate level on the register recently.
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