STX 2.27% 21.5¢ strike energy limited

Ann: WGO: Rejects non-binding indicative proposal from Strike, page-66

  1. 733 Posts.
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    If we want to be dicks about it.. the market currently values STX at around 3x WGO based on market cap. So if you lot can have 1:1 and be happy.

    But a serious answer is.. we are in this together. WGO may well have had the ground but they were not in a position to do anything with it at the time otherwise they wouldn't have gone into this with STX to begin with. It took STX to bring it to fruition. It is a partnership and like any partnership for it to succeed both parties contribute.

    I would love to see WGO and STX merge into a bigger entity and hopefully both sides can come to an agreement that leaves everyone feeling like they've had a win. Spain could be great, Cooper could be great.. Perth basin IS great.
 
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