STX 2.33% 21.0¢ strike energy limited

Ann: Strike Grants West Erregulla Gas Offtake Option, page-41

  1. 5,719 Posts.
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    You are happy for this deal yet you have no idea what the deal is...

    You cannot praise or criticize management for this deal, as the details of the deal are withheld.

    This could be a great deal for STX or it could be a shocker, we dont know.

    Maybe a bigger raise would have been a better outcome. You cant say otherwise without the details.

    How exactly do you value STX's share of WE when you dont know the price the gas has been negotiated at.
 
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