The BW P50 BEST Estimate is 124 Bcf * 1.05 PJ = 130PJ at $1 = $130m / 1664m shares = circa 8c value to the SP of STX.
Add the recent support low of 6c you get 14c. So IMO at 14cps a success in the BW is already baked into the SP, thus why we are seeing many sellers at that level. We will know prob Thurs how successful the BW is eg low, mid or high range estimate as per Bcf table Rick posted.
Ann: West Erregulla 2 Update, page-4
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Last
18.5¢ |
Change
-0.015(7.50%) |
Mkt cap ! $530.0M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.5¢ | 18.5¢ | $3.622M | 19.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 1678858 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 616306 | 3 |
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| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| STX (ASX) Chart |