STX 7.14% 22.5¢ strike energy limited

Ann: Trading Halt, page-6

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  1. 2,273 Posts.
    lightbulb Created with Sketch. 714
    a 20% discount is fairly chunky given they have just declared technical success.

    $9m is at the low end of what I thought they'd need to execute Jaws though, so is that a good sign that SA Govt grants may be more like 8 than 4 - and that other sources of capital may become available; tax refunds, pre-sales agreements, debt funding, etc..?

    In general, I agree that the fast clip this is ticking along at is positive and things are getting done. If it costs us some dilution I think the prize at the end of the day could be more than worth it.
 
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