STX 2.27% 21.5¢ strike energy limited

great value..., page-13

  1. 618
    3,487 Posts.
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    My previous posts refer to breaking above the 40/50 cent range throughout this calendar yr!

    Mmm.... let's see...

    I see it from a more simple perspective, if PSA (who is producing approx 40mmcfd of gas) is worth $0.57 then its hard to justify STX at anything above $0.27.

    LOL... it's easy to get depressed and emotional in the current market, but cheer up mate, all of us know we have a quality asset at Rayburn. It will ultimately increase the equity on our balance sheet (which means the underlying value of each share is higher). Intrinsic value will ultimately win out :o)

    618
 
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